10/06/08

Updated On 07/25/08 at 08:03AM

NYC economy slows



New York City's gross city product increased by 0.8 percent in the first quarter, slower than the 1 percent growth in the nation's GDP, according to the city comptroller. In last year's last quarter, the city's output rose 1.4 percent, while the nation's increased just 0.6 percent. 

More at: [NYT]


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Anonymous

But there was still a growth of .06%. A positive is move upward is still growth and much better than a negative move downward.

Comment #1 Posted By: Anonymous 07/25/08

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