October 9, 2008

Quarterly Economic Update - October 9, 2008

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This summer has proved to be a turbulent time with troubled financial markets seeking to rebuild capital, rising and falling gas prices, presidential campaigns, and destructive hurricanes - but what will this mean for the American economy?  In order to keep Congressional staffers up to date on the latest economic trends, the Mercatus Center at George Mason University hosts quarterly briefings that survey the economic scene. Specific attention will be paid to trends in GDP growth, employment, inflation and interest rates, all conveyed in a way that is understandable to the economist and non-economist alike. This "birds-eye-view" of the economy will be valuable to staffers interested in promoting policies intended to aid economic performance.