October 30, 2003

Good news: The GDP Leaps

Good news: The GDP Leaps Ahead

The article states that "[c]onsumers in the third quarter spent lavishly on big-ticket items, such as cars, boosting such spending by a whopping 26.9 percent rate. And, they also spent briskly on "nondurables" such as food and clothes, which grew at a 7.9 percent pace, the strongest showing since the first quarter of 1976."

Can't say I really bought any "big-ticket" items, but I'm glad someone was!

Posted by: Lawrenkm at 09:37 AM | No Comments | Add Comment
Post contains 83 words, total size 1 kb.

Comments are disabled. Post is locked.
13kb generated in CPU 0.25, elapsed 0.9096 seconds.
33 queries taking 0.8304 seconds, 127 records returned.
Powered by Minx 1.1.6c-pink.