U.S. Gross Domestic Product preliminary estimates came out today (Thursday), and they are higher than previously thought -0.9% growth in the first quarter as compared with previously estimated 0.6% growth for the quarter. (The government releases three estimates for each quarter -Advance, Preliminary, and Final.)
A Q&A feature by Knowledge(at)Wharton (a service of the Wharton School at the University of Pennsylvania) recently featured finance professor Jeremy Siegel and management professor Witold Henisz talking oil prices and what’s next for the U.S. economy. Here’s what they had to say about their prognosis for the economy as a whole:
Siegel: I just did some kind of ‘back of the …
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