US Q3 08 GDP Data

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Economists expect the U.S. GDP figures to show a decline of 0.5 percent in the July-September quarter, according to the median of forecasts in a Reuters poll, and many see that as the start of a nine-month contraction, or possibly even longer.

The GDP data could also foreshadow a grim fourth quarter for the U.S. economy which began this month with a stock market crash, a credit freeze, and huge jobs cuts by U.S. companies.

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