Saturday, January 30, 2010

Economists React: Too Soon to Declare ‘Recovery Accomplished’ - Real Time Economics - WSJ

The good news is that the recession has ended around mid-year and the economy has begun to expand during the second half of the year. Most of the sectors has contributed to economic growth during the quarter. Final sales have increased from the second quarter. The not-so-good news is that most of the growth came from temporary factors such as inventories and government stimulus which can’t be sustained. –Sung Won Sohn, Smith School of Business and Economics

And so on.

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