Is Housing Dragging on the Economy, or is the Opposite True?
While many analysts and pundits predicted first quarter 2014 growth at 2.6 percent, in fact the economy shrank 2.9 percent, more than the minus one percent initially reported at the end of May. The only times gross domestic product (GDP) has fallen more than 1.5 percent has been just before …
Is Housing Dragging on the Economy, or is the Opposite True? Read More