| Go back to previous topic | | Forum name | Okay Activist Archives | | Topic subject | Oh and by the way, that 7.2% | | Topic URL | http://board.okayplayer.com/okp.php?az=show_topic&forum=22&topic_id=3500&mesg_id=3531 |
3531, Oh and by the way, that 7.2%
Posted by jackie chiles, Thu Oct-30-03 12:50 PM
is annualized.
Meaning the actual growth this quarter was 1.8%. They projected that number over 4 quarters to arrive at their fuzzy 7.2%.
Most economists by the way, are predicting that it will be negative again next quarter.
This growth is just an uptick on an otherwise constant downturn in the US economy.
GOP Sycophants and fake libertarians rejoice!
| |