As the Department of Commerce Reports:
Real gross domestic product -- the output of goods and
services produced by labor and property located in the United States --
decreased at an annual rate of 0.1 percent in the fourth quarter of 2012 (that
is, from the third quarter to the fourth quarter), according to the
"advance" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.1
percent.
This is hardly anything to cheer about. One wonders what keeps stocks afloat?
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A blog containing opinion and analysis in a wide array of areas including the economy, health care, broadband and international relations.
About Me
- Florham Park, NJ, United States
- Terry has spent most of his career in industry, half in corporate executive positions, and half involved in his start ups. He started on the Faculty and Staff at MIT in 1967 and was there until 1975, and he had returned to MIT from 2005 to 2012 to assist groups of doctoral and post doc students. Terry has focused on a broad set of industries from cable, to satellite, wireless, and even health care software and medical imaging. Terry has published extensively in a broad set of areas as well as having written several books. Terry has returned to Medicine on Boards at Columbia University Medical Center. Copyright 2008-2024 Terrence P McGarty all rights reserved. NOTE: This blog contains personal opinions of the author and is not meant in any manner to provide professional advice, medical advice, legal advice, financial advice. Reliance on any of the opinions contained herein is done at the risk of the user. For publications see: https://www.researchgate.net/profile/Terrence_Mcgarty
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