In late July, the Bureau of Economic Analysis released revised GDP figures. The new data tell us that the most recent U.S. recession was deeper and the ensuing recovery was much weaker than we previously thought. Moreover, first and second quarter 2011 showed the weakest economic growth since the official end of the recession in June 2009. The tepid recovery raises a concern that the U.S. economy could dip back in to a recession.
Read the entire report: Download Nevada Economy July 2011