Having a look at theses stats below it would seem possible that the US went into a recession in the first half.
http://www.neatideas.com/data/data/CBI.htm
This has been backed up by a fall in Gross Private Savings which has slumped inline with previous recessions.
http://www.neatideas.com/data/data/GPSAVE.htm
Also, check personal savings rates, they have dwindled to zero over the last few quarters.
http://www.neatideas.com/data/data/PSAVERT.htm
Regards.
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- international forecaster september, 2005 (#3) - go
Having a look at theses stats below it would seem possible that...
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