Jump to content

UK only developed economy still in recession


gobbledonk

Recommended Posts

Posted
I beg to differ with the title...things in the US are not getting better at the rate that it is being reported.

 

The article refers to "recession" as a technical term, meaning to economists 3 or more straight quarters of negative GDP growth. At some point you get low enough, that even though the economy still sucks, you are technically "growing" GDP quarter on quarter. Apparently that recovery from negative growth has not yet happened in UK.

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...