Recession in U.S. Was Even Worse Than Estimated, Revisions Show

Warning: Heat index is forecast to hit 105F
The heat caused illnesses Friday in Hartselle and remains a health threat the next few days. High heat and humidity will combine this weekend to create heat index values near or above 105 degrees, which forced the National Weather Service to issue a heat advisory in the area until Sunday evening.

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Recession in U.S. Was Even Worse Than Estimated, Revisions Show
The worst U.S. recession since the 1930s was even deeper than previously estimated, reflecting bigger slumps in consumer spending and housing, according to revised figures.

Read more on Bloomberg

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2 Responses to “Recession in U.S. Was Even Worse Than Estimated, Revisions Show”

  1. redeye53 says:

    The cuts in government spending have helped lower consumer spending and created unemployment." is best

  2. redeye53 says:

    The cuts in government spending have helped lower consumer spending and created unemployment." is best

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