Friday, February 27, 2009

US GDP Declined 6.2% in The Final Three Months of 2008

US GDP declined 6.2% in the fourth quarter of 2008. This revised figure is not only higher then originally thought, but higher then the predicted revised number. You can read more about the numbers at{F68D38CA-2BAE-45B0-A247-760432E0BF1A}&dist=msr_11.

On the topic of horrible economic news, this February was by some measures the worst in 75 years. More bad news can be found at

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