Alexandra Moran ’15 In an article appearing in The Daily Beast, author Daniel Gross discusses the bleak status of the nation’s economic environment. According to the article, the country’s unemployment rate has jumped to a dangerous 7.9 percent. This staggering figure paired with last week’s news of the 0.1 percent annual decline of the gross […]
Tag: GDP
Ben Litwin ’15 Earlier this week, it was announced that the fourth quarter of 2012 showed the first decline in the gross domestic product (GDP) since the United States began to recover from the recession in 2009. In the end of last year, the GDP fell at an annual rate of 0.1 percent. Now this […]
