July 16: The myth of the 'Zombie Economy' (CNNMoney)
July 16, 2012
Is the economy really stalling into a zombie-like state, or are the statistics just distorting the picture?
NEW YORK (CNNMoney) -- Welcome to what's being called the "Zombie Economy." The recovery seemed to be picking up in the winter, only to then taper off in the summer. Several major indicators are barely showing a pulse these days, leading many to compare the U.S. economy to the walking dead.
But the heart-stopping stall might not be quite as bad as it appears.
Recent data would ...