Quote:
Originally Posted by BentBow
Your addition is off!!!
March will be the end of the 1st quarter of the year and the 2nd quarter to look at. Figures that come out in July for the 2nd quarter of the year, will be that magical 3rd quarter.
You may be surprised, when the figures presented in April for the 1st quarter, are down.
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Nope.
Here's the GDP numbers for the last year:
1Q/09: -6.4%
2Q/09: -.7%
3Q/09: +2.2%
4Q/09: +5.7%
As you can see we've ALREADY had 2 quarters of POSITIVE GDP growth - and there has been more than a 12 point improvement in the GDP since the beginning of last year.
When the 1Q/10 numbers are announced in
April, they TOO will be positive, thus giving you the 3 quarters of positive growth you demanded.
United States GDP Growth Rate
Ken