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To: Scumbria who wrote (142368)5/3/2001 11:05:05 PM
From: gao seng  Read Replies (1) | Respond to of 769667
 
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.



To: Scumbria who wrote (142368)5/4/2001 12:01:42 AM
From: George Coyne  Read Replies (2) | Respond to of 769667
 
Recession consists of a negative first derivative, which is what Gao postulated.