Oct 28, 2009

Don't expect a Great Recovery
Economists are forecasting that GDP grew at a 3.2% clip in the third quarter. That sounds impressive -- but it may not be a sign that a robust rebound is underway.
By Chris Isidore, CNNMoney.com senior writer
October 28, 2009: 3:50 AM ET
NEW YORK (CNNMoney.com) -- The economy may get a good report card Thursday for the first time in a long time.Economists are forecasting that the gross domestic product, the broadest measure of the nation's economic activity, rose at an annual rate of 3.2% in the third quarter. If they're right, it will end a streak of four quarters of the most severe U.S. economic decline since the Great Depression.(Read more…)
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