10 signs the Double-dip recession has begun


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According to the U.S. Business on msnbc.com article by Douglas A. McIntyre

Friday’s news on GDP shows the double dip has arrived. Consumer spending is down again, persistent unemployment, and the continous housing crisis and the debt ceiling trouble will only make things worse.

There are several signs that a recession is firmly in place again and that the downturn could last for several quarters. Let’s hope this isn’t true…

10 Signs:

               1. Inflation   2. Investments have begun to yield less  

               3. The auto industry    4. Oil prices   

               5. The federal budget    6. China economy slows  

               7. Unemployment    8. Debt ceiling   

               9. Access To credit    10. Housing

To read the full article click on the link.

http://www.msnbc.msn.com/id/43946055/ns/business-us_business/t/signs-double-dip-recession-has-begun/#.TjmwS37wm_d.email

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www.MichaelCarusoRealEstate.com

Best regards,

Michael Caruso, Broker ABR ABRM CLHMS CRB CRS GREEN GRI

Past President, Orange County Association of Realtors (949) 753-7900

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