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Apr.30
9:58 AM ET
Wednesday, 30 Apr 2008
The Half-Full, Half-Empty GDP

Here's a quandry ... Look at these alerts from two of the main wire services we use:

WASHINGTON (AP) -- The Commerce Department reports that the economy grew at an anemic six-tenths-percent pace in the first three months of this year. That's the same growth rate as in the prior quarter.

WASHINGTON (Reuters) - The U.S. economy grew at a slightly stronger pace than forecast as 2008 began, helped by inventory-building that tempered a steadily deteriorating housing sector and less vigorous consumer spending.

As you can see, it's a glass half-full or half-empty situation. Which one to go with? Really, with low economic numbers like this, you're splitting hairs.

Anyway, we took the middle road and wrote our own.


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