Press Releases | Economic Growth

News from EPI GDP growth up, but way too soon for “mission accomplished”

For Immediate Release: Friday, January 28, 2011
Contact: Phoebe Silag or Karen Conner, 202-775-8810

 “The U.S. economy is finally, after three years, producing as much as it did before the Great Recession hit. But this is by no means ‘mission accomplished’ – the 3.2% growth registered in the last quarter of 2010 would, if sustained over the next year, provide almost no downward push to the unemployment rate,” said EPI economist Josh Bivens.

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