Wednesday, November 14, 2007

US economy

There is so much mythology about the US economy... The economy is actually strong and growing.

Marc Hebert, Chief Marketing Officer, Virtusa

Nov 14, over lunch

Scoring with service delivery model

1 comment:

Marc Hebert said...

U.S. GDP growth in Q3 was nominally 3.9%, to be adjusted up close to 5% with upcoming adjustments. Q4 growth should come in around 2.5%. The real question is how much slower FY08 growth will be--that's what U.S. economists are arguing about. It's not at all clear that a recession is in the cards, given the strong current base.