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Re: huzzah - gdp growth stronger than expected

By: faul in ALEA | Recommend this post (0)
Fri, 26 Oct 12 5:37 PM | 43 view(s)
Boardmark this board | The Trust Matrix 		Msg. 11053 of 54959
(This msg. is a reply to 11051 by Cactus Flower)
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"over one third, or 0.71% (compared to a deduction of -0.14% in Q2), was contributed by "Government Consumption." This was the biggest rise in government spending in 3 years..."

Massaging the figures before the election,just
wait till after the election.............!!


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The above is a reply to the following message:
huzzah - gdp growth stronger than expected
By: Cactus Flower in ALEA
Fri, 26 Oct 12 5:06 PM 		Msg. 11051 of 54959

"The US economy grew in the three months to September, official figures showed.

The world's largest economy expanded at an annualised rate of 2% in the third quarter, the Commerce Department said, more than had been expected.

The US has now been growing for more than three years, since June 2009.

The figures are the last set of important economic data before the US presidential election between Barack Obama and his challenger Mitt Romney on 6 November."

http://www.bbc.co.uk/news/business-20096380

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