Update: Bank Of Greece: 2012 GDP Drop Worse Than Expected
From Deutsche-Boerse: ATHENS (MNI) – Greece is facing yet another year of sharp recession with GDP expected to contract by as much as 5% in 2012, higher than previously forecast, the Bank of Greece...
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The Channel-Stuffed GDP Report
I don’t think there was much in the GDP report that wasn’t expected, except durable goods. The decline in durable goods was comparable to Q2 2011, right down to the primary driver of that weakness –...
View ArticleRick Santelli: GDP Numbers Are “Depressingly Weak”
This morning, Rick Santelli said the revised GDP numbers are “depressingly weak”: CNBC reports on the numbers: New durable goods orders in August fell by the most since the recession and a separate...
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GDP Shows Surprise Drop for U.S. in Fourth Quarter
The U.S. economy posted a stunning drop of 0.1 percent in the fourth quarter, defying expectations for slow growth and possibly providing incentive for more Federal Reserve stimulus. The economy shrank...
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Fox Business vs. Zerohedge Concerning the GDP Increase
Boeing, Dreamliner, assembly line, durable goods, gross domestic, GDP, manufacturing U.S. Economy Expands at 2.8% Pace in 3Q – Fox Business The U.S. economy grew faster than expected in the third...
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