"better than expected" that has me reassured.
Is this a product of the Internet?
Would've been 5.1 except for a statistical anomaly of counting unwanted increases in stocks
Im sure the new messiah will sort this all out.
It's actually 1 quarter at an annualized rate of -3.8%, so in reality down slightly less than 1%.
Yep, the Yanks seem to annualise almost everything; perhaps because they love large numbers.
It still confuses me how Brown can claim that America went into recession more than a year ago.
What about a UK GDP chart. Lets compare and contrast.