GDP/ECI
July 31, 2009 at 14:21 PM EDT
[Skip to the end] Karim writes: Most important info in the report is the benchmark revisions: The first year of the recession (Q4 2007-Q3 2008) was revised from -0.8% to -1.9%. This adds a full percentage point to the Fed’s output gap measure. Also, Q2 2009 negative print marks first time U.S. economy has had four consecutive [...]
