Does the revised fourth quarter GDP figure, 3 percent, indicate upbeat economic growth to you?
ABC News Money
February 29, 2012 19:09:47
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77 votes
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121 votes
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May 25, 2012 19:09:13
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http://www.huffingtonpost.com...
The Commerce Department estimated Friday that the economy grew at an annual rate of 2.2 percent in the January-March quarter, compared with a 3 percent rate in the final quarter of 2011.
Mexico is beating us.
http://www.bloomberg.com/news...
Banco de Mexico cut its 2011 economic growth forecast to a range of 3.8 percent to 4.8 percent and its 2012 forecast to 3.5 percent to 4.5 percent. The bank in its May report had seen 2011 growth of 4 percent to 5 percent and 2012 growth of 3.8 percent to 4.8 percent. The central bank kept its 2011 and 2012 consumer price forecasts at 3 percent to 4 percent.
Yeah, Obama is doing a great job.