Blog > Archive by tag 'job losses'
 | Email This Article Email This Article  | 

U.S. Economy: Don’t trust the GDP

May 6, 2008 · Filed Under US Stocks and Markets · Comments 
“Apparently, the US economy grew by 0.6% year-on-year in the first three months of 2008. It’s not great, but it’s not a recession. Meanwhile, jobs data on Friday showed that there were just 20,000 job losses in April, against expectations for a 65,000 fall. So has everything been blown out of proportion? Was the credit [...]

Tags: , , , , ,