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globaleconomicanalysis.blogspot.com - 10/31/2008
GDP Negative as Consumer Spending Falls 3.1%
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The US economy is sinking fast. We did no need to see the GDP numbers to know that but the figures are out. Here are the Third Quarter 2008 Advance GDP Numbers . Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- ...

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EconomPic:  GDP Breakdown... Not "Better" than Expected

content.ksg.harvard.edu - 10/31/2008
NOW Are We In Recession?
— content.ksg.harvard.edu — Is the United States in recession? If one looked solely at the adverse shocks that have hit the economy over the last year, one would infer an unusually high probability of a recession. If one consulted some of the most import economic ... (more) NOW Are We In Recession?

Comments vote down Econbrowser found this 10/31/2008found this
Some Additional Observations on the 2008Q3 Advance GDP Release
econbrowser.com - 10/31/2008
Some Additional Observations on the 2008Q3 Advance GDP Release
— econbrowser.com — If you went no further than noticing that the q/q annualized growth rate of -0.3% was faster than the -0.5 in the Bloomberg consensus, you might have taken this as good news. I'm not going to say it wasn't good news (relatively speaking), although ... (more) Some Additional Observations on the 2008Q3 Advance GDP ...

Comments vote down naked capitalism found this 10/31/2008found this
What Does "Deleveraging" Really Mean? Cutting $25 Trillion Of Debt
clusterstock.com - 10/30/2008
What Does "Deleveraging" Really Mean? Cutting $25 Trillion Of Debt
— clusterstock.com — Everyone has now gotten used to the idea that we're "deleveraging." But what do we think that means? We think it means that banks, consumers, companies, and the government have to cut down their debt a bit. Actually, more than a bit. Unless it's ... (more) What Does "Deleveraging" Really Mean? Cutting $25 ...

Comments vote down FT Alphaville found this 10/30/2008found this
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GDP Breakdown... Not "Better" than Expected
EconomPic — ... simply gave up in the quarter. Without the government's massive spending and contribution from net exports, it would have been horrific. Unfortunately, there was even more to the number than I first gathered and the horrific term rings true (Note, for those that need a better grasp of the GDP Deflator before they dive in, go ...

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