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Dept. of Commerce says First Quarter growth is up!

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zanne Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-30-08 09:22 AM
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Dept. of Commerce says First Quarter growth is up!
http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm

Quelle surprise! The government says we're not in a recession!
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glowing Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-30-08 09:26 AM
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1. hmmm.. in what convoluded sense.. Up is Down and Down is up..
The sky is green and the sun is purple.. oh and pigs are flying...
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Frustratedlady Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-30-08 09:33 AM
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2. Is the following statement normal, or a CYA statement?
The Bureau emphasized that the first-quarter "advance" estimates are based on source data that are incomplete or subject to further revision by the source agency
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