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GDP revision shows 6.3% decline in fourth quarter - MarketWatch

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GDP revision shows 6.3% decline in fourth quarter

Highlighted by hanswobbe

on 2009-03-26 by hanswobbe

Compare this to 2009-q1.

Economists believe the current quarter, which ends March 31, was nearly as bad. Current projections look for GDP to fall at a 5.1% annual pace. Since 1947, GDP has never fallen by more than 4% for two quarters in a row.

Highlighted by hanswobbe

on 2009-03-26 by hanswobbe

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