No Triple-Dip for the UK
Steven L. Taylor
Thursday, April 25, 2013
Via the BBC: UK economy avoids triple-dip recession
The Office for National Statistics said its first estimate for gross domestic product (GDP) showed the economy grew 0.3% during the first quarter of 2013.
Economists say the news should give a small psychological boost to consumers and businesses, but the broader picture of the economy remains the same.
About Steven L. Taylor
Steven L. Taylor is a Professor of Political Science and a College of Arts and Sciences Dean. His main areas of expertise include parties, elections, and the institutional design of democracies. His most recent book is the co-authored A Different Democracy: American Government in a 31-Country Perspective.
He earned his Ph.D. from the University of Texas and his BA from the University of California, Irvine. He has been blogging since 2003 (originally at the now defunct Poliblog).
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.03%. Happy days again fo sho!
There continues to be much interesting shake-out to the Spreadsheet Error Heard Around the World and its implications for European polic.
In the US disaster has failed to materialize. Perhaps Doug and Drew are disappointed:
Real GDP increased 2.5% Annualized in Q1
KrugTron the Invincible