Q2 GDP = 1.5%

The government released its first estimate of second-quarter GDP growth today and it was a better-than-expected 1.5%. The government also revised all the GDP data going back to 2009. It turns out that the recession wasn’t as bad as we thought, but the recovery wasn’t as strong.

Posted by on July 27th, 2012 at 9:56 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.