Monday, February 28, 2011

Snow! Oil! Spending cuts! The folly of GDP predictions

The fragile U.S. economy still faces headwinds, but just how much will they hinder growth? No one's quite sure, but everyone has an opinion. Economists are still kicking themselves for failing to predict the impact of the financial crisis on the economy. So perhaps that's why they've been particularly vigilant lately in their predictions for [...]

Source: http://finance.fortune.cnn.com/2011/02/28/snow-oil-spending-cuts-the-folly-of-gdp-predictions/

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