GDP Numbers Appear Somewhat Less Bad

Estimates for today’s second quarter GDP numbers will show a decline of somewhere between one percent and 1.5 percent. That’s a sharp improvement ? or at least a smaller worsening ? after the 6.4 percent decline earlier in the year. Is the worst behind us? With us to help navigate the stormy waters of our global economy is Gus Faucher, director of Macroeconomics at Moody’s Economy.Com.