While the economy is weak, it hasn't "fallen off a cliff," said Peter Kretzmer, senior economist at Bank of America.
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AP Business Writers Marty Crutsinger and Jeannine Aversa contributed to this report.
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Member Comments
Posted By: ceanf9 @ 08/28/2008 3:36:27 PM
Comment: please, do tell me how bush is a dictator when he was voted into office. do you even understand how our government is structured? perhaps you were sleeping through your high school government class. yes yes we all understand that you don't like bush and think he is the devil, but the government consists of much more than just the president. the problem lies with all the useless, greedy, corrupt politicians. and it is the government as whole that is responsible for the problems we have today (which really arn't all that bad) please, do us all a favor and think before you post next time.
Posted By: Bowles2323 @ 08/28/2008 2:57:04 PM
Comment: Hmmm.....GDP growth at 3.3% while inflation grew 4.2% over the same period. Doesn't sound like growth to me. But they gotta get the stock market to move up at any cost, even if it means putting out numbers that are not the real picture.
Posted By: Young Hickory @ 08/19/2008 2:25:38 PM
Comment: Hey Dems, let's milk the tragedy of the Bush presidency like Republicans done with president Carter over the last 30 years. One hundred years from now some jerk will still be trying to invoke Carter as a reason to not vote Democratic. The real ghosts that still haunt us are those Nixon holdovers like Rumsfeld and Cheney who continue to mess us up.