14 months later and no double dip recession.We should know for sure the end of next month but at this time it sure looks like a double dip recession is headed this way. The GDP for the first quarter was revised down to 0.4% from 1.9%. For the second quarter it is at 1.3% and if revised down nearly as much we will be in negative territory again.
Admit it. You're just a little bit disappointed aren't ya?