A US Recession In All But Name

June 2008
Asia Monitor: South East Asia Monitor Volume 1;Jun2008, Vol. 19 Issue 6, p8
Country Report
The article presents the economic outlook of the South East Asia in 2008. Analysts note that the first quarter 2008 gross domestic product (GDP) data release showed that the U.S. economy may have managed to avoid entering recession for now, but only just. They note that the breakdown of the regions's GDP data further reinforces the economic trends that they had expected to observe although they had been anticipating a mild quarterly contraction.


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