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


To: tejek who wrote (424399)10/10/2008 8:24:50 AM
From: combjelly  Respond to of 1578495
 
"As for watching events unfold, I've been watching since of the summer of 2007, hoping that it wouldn't get as bad as it is now."

It will get worse. This poster is a working PhD economist. This is what he posted on the moderated thread yesterday.

Actually if you read the pages you link to you will discover that the state and metro numbers are simply adjusted to match the national GDP calculation. In fact the metro numbers are not calculated independently at all but are simply assigned a portion of State GDP based on various demographic factors.

Pretty much everyone I know expects the Q2 number to be adjusted down, the Q3 number to show negative growth and the Q4 number to be godawful.


Message 25050407

In other words, things are worse than they are saying. And it isn't going to get better soon.