Annualized GDP Decline

by Manshu on May 21, 2009

in Economy

Post image for Annualized GDP Decline

From the WSJ:

Steep declines in the economies of three of the U.S.’s biggest trading partners — Mexico, Japan and Germany — underscored the severity of the global recession and put pressure on major industrialized nations to revive moribund global trade talks.

I took annualized numbers because they look more sensational (same reason I chose red), but there is a good chance that these countries might see better Q2, Q3 and Q4 numbers, so the actual GDP figures may not turn out as bad as these.

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