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Why are we obsessed by growth?
Wednesday's gross domestic product (GDP) figures will be unveiled amid great excitement, befitting one of the year's most eagerly anticipated numbers. They are expected to show that the UK economy contracted slightly between April and June, meaning the economy remained in recession. GDP is a measure of the total value of all the goods and services produced by an economy. For all the fanfare we have seen in the past couple of years with small rises and small falls in growth, the economy has basically been stagnant over that period.
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- Jul 25, 2012 12:10am Jul 25, 2012 12:10am
- wlarimer
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- ForExtraPips
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Time turns trend. - W.D. Gann
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Have a nice day
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The road to pipland is arduous and fraught with challenge.
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- frx_trader
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