The recession has begun
Abstract:
The 63,000 job decline in February on top of a 22,000 drop in January is too large to be offset by the improving trade balance so expect a small first quarter decrease in GDP and almost certainty a further decline in the spring. The consequence for construction is…
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The 63,000 job decline in February on top of a 22,000 drop in January is too large to be offset by the improving trade balance so expect a small first quarter decrease in GDP and almost certainty a further decline in the spring. The consequence for construction is…