Jump to content
House Price Crash Forum
Sign in to follow this  
Realistbear

After A Week Of Recovereh Talk The Double Dip Is Back Today

Recommended Posts

http://uk.finance.yahoo.com/news/double-dip-feared-as-us-economic-growth-loses-pace-tele-b2a8055fca5e.html?x=0

Double-dip feared as US economic growth loses pace
James "Jim" Quinn, 21:23, Friday 30 July 2010
Fears that the world's biggest economy could be heading into a double-dip recession took hold on Friday after US growth was shown to have contracted sharply in the second quarter.
The Dow Jones Industrial Average fell by as much as 120 points after annualised growth in gross domestic product (GDP) was found to have slowed from 3.7pc in the first quarter to 2.4pc in the second. That came on the back of growth of 5pc in the final three months of 2009.
The US was initially thought to have grown by 2.7pc in the first quarter but that was revised upwards on a day of surprises for economists.

2.4% is catastrophic, good thing we aren't that slow.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 140 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.