TractorByNet.com - View Single Post - gloom and doom about the economey be darned!

john_bud · 05-01-2008, 11:41 PM

Recession - Officially Defined as 2 or more quarters of negative GDP growth.

GDP by quarter from the US Department of Commerce ($Billions)

2007 I 13,551.9
2007 II 13,768.8
2007 III 13,970.5
2007 IV 14,074.2
2008 I 14,185.2

Well Gollly, sure looks like the numbers are getting bigger! Even with the loan defaults and gas prices! Who knew? (Anybody with the gumption to spend 11 seconds googling.....that's who!)

05-01-2008, 11:41 PM	#9 (permalink)
john_bud Super Member Join Date: Sep 2000 Location: WI Posts: 5,725	Re: gloom and doom about the economey be darned! Recession - Officially Defined as 2 or more quarters of negative GDP growth. GDP by quarter from the US Department of Commerce ($Billions) 2007 I 13,551.9 2007 II 13,768.8 2007 III 13,970.5 2007 IV 14,074.2 2008 I 14,185.2 Well Gollly, sure looks like the numbers are getting bigger! Even with the loan defaults and gas prices! Who knew? (Anybody with the gumption to spend 11 seconds googling.....that's who!) __________________