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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Scumbria who wrote (142353)	5/3/2001 10:33:28 PM
From: gao seng	Read Replies (1) \| Respond to of 769667

Ok, so you know what a recession is. But I think last quarter was a decline in GDP. This quarter was better than last so no recession. Experts usually define a recession as two consecutive quarters of falling gross domestic product and the U.S. has not witnessed such a period since 1990-1991, although a minority of Wall Street analysts now contend it has entered one. The economy expanded just 1.4% in the final quarter of 2000, its weakest rate in five years.