US GDP growth was all about the stimulus added by govt. Dec Q was 5% with stimulus, now that stimulus has stopped growth down to 3.2% (out Fri US time). If you take away the flow on affect it will obviously fall further this current Qtr.
GDP growth in US needs 5% to start to bring down unemployment in any meaningful way.
BTW, with the six banks shut by FDIC Fri makes April 2010 the highest monthly shut down since start of downturn.
GROWTH???
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