No. of Recommendations: 1
JLC:

<<<Adjust for inflation, and the decline would be even bigger.>>>

"Not that big of a difference.

http://inflationdata.com/inflation/Inflation_Rate/Historical...... "


Nominal FIT:

2007 - $1,116 billion
2008 - $1,032 billion
2009 - $ 866 billion

Per earlier post.

In 2007 Dollars - http://www.bls.gov/data/inflation_calculator.htm

2007 - $1,116 billion
2008 - $ 994 billion (rounded up)
2009 - $ 837 billion (rounded up)

Bigger decline, as a I noted, and you can determine how much bigger, given that I was simply noting the trend line and not the degree or amount.

Regards, JAFO
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