Whoa! Whassup with That Big Negative Q1 GDP Revision?
Category: POLITICS
Real GDP contracted at a 2.9 percent rate according to revised data released on Wednesday.  That's contracted, as in went down. So, are we back in recession?
By Jared Bernstein, ContributorFmr. Obama administration economist; CNBC and MSNBC contributor, 2014-06-25