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Nov 22 2011

GDP Revised Down: Crisis in Europe Key to U.S. Economy

Posted by: yahootechticker in Yahoo Tech Ticker

Follow The Daily Ticker on Facebook here! Third quarter gross domestic product was revised down Tuesday from 2.5% to 2.0%. That’s a sizable adjustment, but when you consider GDP growth from the previous quarters this year, a .5% revision downward is hardly that bad. (See: As Gloom Rises, U.S. Economic Data Flow Strengthens) In Q1, [...]

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