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Tuesday, July 16, 2013

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That surprise a contraction would not surprise a Harvard economics professor here is Jeffrey Frankel.

Professor ice bowl we -- gonna get everybody was so we're gonna get too -- two and a half percent growth in the April through June Korda now we hear contraction.

What do you make of that.

Well I'd be surprised if we had contraction in the second quarter.

But the economy does appear to have slowed.

The first quarter was one point 8% which is not not good enough and that last quarter of last year was was also disappointing the slowdown relative to the preceding year.

    Posted by on Tuesday, July 16, 2013 at 06:58 PM in Economics | Permalink  Comments (4)


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