Lara Rhame Quotes
The economy contracted in April and probably contracted in May; June is when we should be getting a bounce. If we're to believe all the stars are aligned for a perfect eclipse of the recession in the second half, then it should happen sooner rather than later.
Tweet
Economy | Contracted | April | June | Bounce |
comments powered by Disqus
If you look at the segments of the economy where we do have deflation, particularly in the goods industry -- and particularly in durable goods, such as automobiles and heavy machinery -- that's where most of the layoffs have been concentrated... That's where you see the connection of disinflation to overall economic growth.
- Lara Rhame
