No. 254: Updated Economic Outlook, GDP, Durable Goods, Home Sales October 29th, 2009 • Recession Is Not Over / Quarterly GDP Growth Is Not Sustainable, with 92% of Growth in Nonrecurring Factors • Annual GDP Down 2.3% (5.7% SGS) • 4th-Quarter GDP Should Resume Quarter-to-Quarter Decline • Durables Goods Orders at 1997 Level • Help-Wanted Adverting at New 58-Year Low
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