• With the announcement on Friday the 27th of August of the downward revision in GDP to 1.6% for the second quarter 2010 the talk of a double dip recession increased among economists and members of the financial press.  Even some of the most bullish economists were putting the odds at 25% or more.   A recession is commonly held to be two consecutive quarters of negative economic growth.  A double dip recession is a recession followed by positive economic growth followed by another period of...
    Post date: 07/18/2010 - 8:00pm
    Category: Our Perspective


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