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

To: tejek who wrote (134522)	3/13/2001 7:22:26 PM
From: TimF	Read Replies (2) \| Respond to of 1589416

You think with an unemployment rate of 4.2% and monthly job increases that we may be in a recession? Technically if growth for 2 quarters was -0.01% you would be in a recession (but it would probably be silly to call it that). Such slight negative growth doesn't mean that you can't have low unemployment or even that there cannot be monthly job increases. Well think again.....GNP is expected to grow modestly this quarter and we are not in a recession. If it does turn out to have grown then we are not in a recession. Recessions by the way they are defined and by the delay in economic statisics are a funny beast, you know you where in one after it is over... Tim