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Old 07-31-2003, 05:38 PM   #31
Undertoad
Radical Centrist
 
Join Date: Jan 2001
Location: Cottage of Prussia
Posts: 31,423
Quote:
Originally posted by vsp


And since I don't foresee either one happening, I think my money is safe.
Sorry v, the quarterly GDP growth number reported today was 2.4% annual. This is a pretty good number and certainly not recession.

Unemployment for July comes out tomorrow; unemployment is the last thing to recover, but it's considered a "lagging indicator", basically because employers turn on hiring late in a recovery when they're sure things are going well.
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