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Politics : Formerly About Advanced Micro Devices
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To: combjelly who wrote (294336)7/11/2006 7:29:45 PM
From: longnshort  Read Replies (2) of 1573697
 
that doesn't seem true.

The US economy experienced negative growth in three non-consecutive quarters in the early 2000s, the third quarter of 2000, the first quarter of 2001, and the third quarter of 2001. Using the common definition of a recession as "as a fall of a country's real Gross Domestic Product in two or more successive quarters", then the United States was not technically in recession during this period.

The beginning and ending dates of the recession, however, are argued by those using a less traditional definition of the term. According to the National Bureau of Economic Research, the Early 2000s recession lasted from March 2001 to November 2001, as "real" Gross Domestic Product (Regular GDP adjusted for inflation) dropped during this period by 0.6% total from the fourth quarter of 2000.

where does your 5 years come from?? a dream? DNC talking points? Moron.com?
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