GDP is the broadest economic measure of the nation's output of goods and services.
"I think that that is right, and I think that's what we have been saying, that we're in for a rocky road for -- on the employment front," Perino told the daily White House press briefing. "And we expect our GDP number next week not to be a good one. And the next quarter could probably be tough, as well."
Perino said there has been a "tremendous slowdown in our economy" and the Treasury Department has yet to actually put any of the $700 billion rescue package into the marketplace.
On the possibility of a new stimulus package, Perino said President George Bush is open to ideas but that realistically nothing will get done until after the elections when Congress reconvenes Nov. 17.
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