Economic News: Revised Downward
In my December Getting Down to Business eNewsletter article, “Economic News: Revised Downward,” I start:
Economically, are you better off today than a year ago? The numbers tell the story. Gross domestic product for Q3 2010, a weak 2.5%, continued to slide into a 2.3% Q4 2010 rate. The slide continues: Q1 2011 was revised down to an abysmal 0.4%, clawing its way back to a meager 1.3% in Q2 2011. The final estimate for Q3 2011, 1.8%, was another significant downward revision. The first estimate was 2.5%. An accurate description for 2011 is “Revised Downward.”
Read the article – Economic News: Revised Downward
