Dr. Peter Morici: Friday’s GDP report - - an anti-middle class recovery
Apr 29th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Dr. Peter Morici: On Friday, the US Commerce Department will report estimated first quarter GDP (gross domestic product) growth. The consensus forecast is for a 3.5 per cent annualized increase, further confirming the end of the recession and that the recovery is moderate, disappointing and anti-middle class.