Q1 GDP steepest drop since 1979
Posted by Janice McGinn in Strategy & Planning on Tue, 30/06/2009 - 10:51
Numbers revised downwards to 2.4% Construction sector hit badly Rate of contraction in Q2 expected to be far shallower
The third estimate of gross domestic product for Q1 2009 shows a revised quarter on quarter contraction of 2.4% from 1.9% in Q1 and Q2.
Key PointsNumbers revised downwards to 2.4% Construction sector hit badly Rate of contraction in Q2 expected to be far shallower
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