GDP: GROSS DOMESTIC PRODUCT

Since the beginning of the economic crisis, the common question among the economists have been how much time it longs? One article wrote in BusinessWeek (Nov 2nd) by James C Cooper explain how the recession time may be over. Its article explain that the economists are more confident of the economy because, with the third quarter statistics of GDP in the hand, they could see how it rose showing economic recovery. Cooper told that "the combination of overly thin inventories and increased spending is a classic combination that will propel economic growth well into 2010" (page 12). It means that the effort of the businesses to drop their inventories fast plus increased demand, not only for the program "cash for clunker" it is the best sign of improving economy.

It is a good news to us that economy is better, but I think that we might wait to see how things could develop. It is a fact both the Financial market and the domestic demand are improving, but there are many things that must change in order to make things clear and to avoid that this kind of situation happen again, especially in the financial sector.