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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (134501)	3/13/2001 2:20:08 PM
From: tejek	Read Replies (1) \| Respond to of 1589391

We may be in a recession. You don't really know if you are offically in a recession until later. A recession is 2 quarters or more of negative growth. If this Q is negative and next Q is as well then we are all ready in a recession, but we won't know it for sure until some time in the second half of 2001. Tim, You think with an unemployment rate of 4.2% and monthly job increases that we may be in a recession? Well think again.....GNP is expected to grow modestly this quarter and we are not in a recession. ted