To: 2ndDivisionVet
—and there's plenty of reluctance to predict an accelerating recovery after years of stop-and-start growth— Actually, a second consecutive quarter of contraction will fit the definition of recession.
2 posted on
07/14/2014 6:19:33 PM PDT by
Colonel_Flagg
("Compromise" means you've already decided you lost.)
To: Colonel_Flagg
It is the second quarter of contraction. The first quarter of the year grew at the pitiful rate of 0.1% and they got that only by fudging the numbers.
5 posted on
07/14/2014 6:46:13 PM PDT by
Blood of Tyrants
(The cure has become worse than the disease. Support an end to the WOD now.)
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