GD Topic: Recession 2011

Oct 11,2011

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As per Economic Times, the US has likely dodged a recession for now; even though it's too early to sound the all- clear for the economy.

 

A string of stronger-than-projected statistics -- capped by the news on October 7 of a 103,000 rise in payrolls last month --has prompted economists at Goldman Sachs Group Inc.

and Macroeconomic Advisers LLC to raise their growth forecasts for third quarter growth to 2.5% from about 2%.

 

So, has the recession bubble blown away?
What effects it shall have on Indian economy?

 

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ritu on 10/13/11 at 12:00 pm





 
    
  
  
    
I think that it would be early to say that the recession bubble is blown away. some effect is seen on India too



  
  
    

    
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Guest sujit on 11/18/11 at 10:26 am

  

  
    
  
 
    
  
  
    
not sure ..



  
  
    

    
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