GDP's growth spurt likely to end as quickly as it arrived
Many of the economists braced for a GDP announcement from the Bureau of Economic Analysts officially ending the U.S. recession weren't looking for a repeat performance in the next round of statistics that come at the end of this quarter. The return to growth was driven by a long list of government stimulus programs, not the "real" demand that expands to help a recovery sustain itself. The decline of commercial real estate is the next potential crisis that is likely to persuade banks to stick with their tight lending standards. Even highly profitable small businesses have a hard time getting loans.
Wall Street Journal, The | 10/29
This story published in NAW SmartBrief on 11/02/2009
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