Recession: We May Not Be There Yet

The economy so far refuses to relent.

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Just a quickie. Economist Robert Brusca sees a silver lining in today's personal income and consumer spending numbers: "Looks like we are still set for a small plus number for Q2 GDP growth. Remember Q4 GDP was weak but Q3 GDP was very strong. Nothing that looks like a recession is in the works based on GDP." Hey, it's something!