TITLE

Armageddon Averted — Or Was It?

AUTHOR(S)
Malpass, David
PUB. DATE
September 2009
SOURCE
Forbes Asia;9/7/2009, Vol. 5 Issue 13, p12
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents the economic conditions in the U.S. It forecasts that the country will have a nominal GDP of 1.2 trillion dollar in 2010. It notes on the decline by 4 percent and 15 percent on the country's gross domestic product (GDP) and industrial production while the unemployment topped 14 million dollar, nearly 10 percent of the labor pool. However, it states that despite the decline of 4 percent on employment, the country still managed to maintain head count throughout the crisis.
ACCESSION #
44486398

 

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