Wednesday, April 30, 2008

A recession recession

What happens when pundits keep swearing the US is in a recession--most significantly characterized by two consecutive quarters of negative GDP growth--but the GDP keeps growing, even with the weak dollar?

I wonder what that's called?

1 comment:

chris j pluger said...

I've said this before and I'll say it again here: I'll believe the US economy is in big trouble when I see a "going out of business" sign on a Best Buy.

And that's my unscientific, non-economist, aneutral opinion.