Sharpest Consumption Drop Since 1980 Pushes GDP Negative
Dean Baker, Truthout: "A surge in defense spending added 0.86 percentage points to gross domestic product (GDP) growth. Consumption spending fell at a 3.1 percent annual rate in the third quarter, which was the main factor leading to a 0.3 percent decline in GDP. Inventory build-ups prevented an even larger decline; final demand fell at a 0.8 percent annual rate."
http://www.truthout.org/103008T
http://freepage.twoday.net/search?q=GDP
http://freepage.twoday.net/search?q=Dean+Baker
http://www.truthout.org/103008T
http://freepage.twoday.net/search?q=GDP
http://freepage.twoday.net/search?q=Dean+Baker
rudkla - 31. Okt, 06:09
