Rey C.
Racing is life... anything else is just waiting.
As a matter of perspective, in Q4 of 2008 we were falling by -6.3% in annualized real GDP. In Q1 of 2009, the advance GDP estimate stood at -6.1% (revised to -5.7%). Now we're up by +3.5%(the advance estimate anyway). So in roughly 10 months we've seen an improvement of nearly 10% in annualized real growth. And this is a bad thing??? I'm afraid that I'm 
Unemployment (and other metrics) is still quite high and not yet improving. And there are still some serious issues in the banking and real estate sectors: foreclosures, high commercial vacanacy rates, etc. But since the OP was about GDP/overall macro economic activity, I figured I'd stick with that.
Unemployment (and other metrics) is still quite high and not yet improving. And there are still some serious issues in the banking and real estate sectors: foreclosures, high commercial vacanacy rates, etc. But since the OP was about GDP/overall macro economic activity, I figured I'd stick with that.
