Gork!
The BEA says:
GDP (Third Quarter 2006 (advance)): 1.6% [per year]
The odds of the Fed's cutting interest rates soon just went up.
More to follow...
The Blogspot archive of the weblog of J. Bradford DeLong, Professor of Economics and Chair of the PEIS major at U.C. Berkeley, a Research Associate of the National Bureau of Economic Research, and former Deputy Assistant Secretary of the U.S. Treasury.
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