Q2 US GDP Almost as Good as We Hoped (or Stated More Accurately: In Trouble)

Bad news, the US economy is at stall speed now.

Q4 2011: 4.1%
Q1 2012: 2.0%
Q2 2012: 1.25%

FXstreet.com: Durable goods orders declines by 13.2% in August. August figures are the largest decline since January 2009 and the worst drop since January 2007. US GDP has been revised down to 1.3% in the Q2 from the 1.7% previously estimated.

Source: http://www.zerohedge.com/news/2012-09-27/final-q2-gdp-disaster-125-growth-comes-below-lowest-estimate
Source: http://www.reuters.com/article/2012/09/27/usa-economy-idUSL1E8KR1VO20120927?type=marketsNews
Source: http://community.nasdaq.com/News/2012-09/forex-flash-expect-to-see-a-sharp-slowdown-in-the-us-economy-in-2012-q4-rabobank.aspx?storyid=177122