GDP: Not Great, but Encouragingly Solid
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The pace of economic growth has been a point of contention throughout the Presidential campaign, and just in time for Election Day, the government&#39;s advance report on third-quarter gross domestic product (GDP) arrived on Oct. 29.
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The economy grew at a 3.8 percent annual rate in the April-to-June quarter, slightly less robust than a previous estimate of a 4 percent growth rate.
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Gross domestic product gets a lot of attention, but other numbers matter, too.
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The early data is in, and the results are clear: no recession today, but probably next year.
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A solid quarter in tough times? I'd say the glass is half full.
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A sluggish gross domestic product reading was nonetheless better than expected, prompting investors to send stocks slightly higher Friday on hopes that the economic slowdown would not be as bad as first thought.
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Currency fluctuations have worked out great so far, so why not hope for some more?
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NEW YORK - A sluggish gross domestic product reading was nonetheless better than expected, prompting investors to send stocks moderately higher Friday on hopes that the economic slowdown would not be as bad as first thought.    The 2.8 percent GDP growth in the second quarter, a revision from the 3 percent preliminary figure reported in July, is a far cry from the 4.5 percent growth in the first quarter...
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The latest snapshot shows an economy that has returned to a moderate economic expansion of about 3 percent. At this pace, the economy is not growing fast enough to create large numbers of jobs
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Exports help raise Q4 GDP to a stronger-than-expected 3.5%
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Struggling under the weight of a bloated trade deficit, the U.S. economy grew at a relatively modest 2.8 percent annual rate in the second quarter.
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GDP rose by only 0.6 percent last quarter, the slowest rate in one year.
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Editor&#39;s Note: Published on page A1 of the Nov. 30, 2004 issue of the Philippine Daily Inquirer. BEATING most forecasts, the economy -- as measured by the gross domestic product (GDP), the
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Steady but unspectacular growth might leave investors wanting a bit more kick.
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The U.S. economy's soft patch last spring was a bit firmer than previously thought.
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The US gross domestic product grew only 2.2 percent last quarter.
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While the economic growth in the U.S. was significantly better than a previous estimate, it was still the weakest showing in more than a year.