The Economy is Improving, or is it?

 

More than 80 percent of the economists responding to the National Association for Business Economics forecast survey believe that the recession is now over, although they generally expect the recovery to be slower than usual.
Courtesy of Cosmetic Surgery Today

The Commerce Department’s Bureau of Economic Analysis reported that real (inflation-adjusted) gross domestic product (GDP) fell 0.7 percent at a seasonally adjusted annual rate during the second quarter, an improvement from two earlier estimates indicating a 1.0 percent decline.

Meanwhile, various other economic data suggest that real GDP will increase in the third and fourth quarters. Industrial production, for example, advanced during July and August, pushing up capacity utilization.

– Courtesy of NAHB