Seriously, Recession ended? Dang, I missed the email!
Due to the Current State of the Economy,
The light at the end of the tunnel has been turned off!
"The test of a first-rate intelligence is the ability to hold two opposed ideas in the mind at the same time, and still retain the ability to function." F. Scott Fitzgerald
That's a telling chart right there. Overall prosperity for the 2000's with a dip at 9/11/2001. The freefall began when this country realized we either had a middle east hawk or the skidmark as our next president. I think that nailed it.
The decline was due to fewer gov jobs, as stated, tempered by an increase in private companies payrolls.
Should be good news to the right wing government haters.
Gentlemen, you can't fight in here! This is the War Room!
it went from a growth of 3.1% to a decrease of 0.1%, thats a -3.2% swing in growth. Your conclusion is wrong, no forward momentum this quarter. Thats not a good sign.