[jsfg_cinti] Re: Bloomberg says: U.S. 3rd-Qtr GDP Grew at 8.2% Rate, Fastest Since '84
- From: "Bill Gable" <gablewmc@xxxxxxxx>
- To: <feldman8396@xxxxxxxxx>,"JSFG Main listserv" <jsfg_cinti@xxxxxxxxxxxxx>
- Date: Tue, 25 Nov 2003 19:17:57 -0500
This is very interesting. Improvement is always interesting, and positive.
If one of my children had an "F" on their report card and then improved it
to a "C", it was time for celebration. It was also time for a celebration of
greater magnitude if an "A" was improved to an "A+". this is a much greater
task. Improving good to great is much more difficult than improving failing
to passing.
For what it is worth!
Bill Gable
----- Original Message -----
From: "feldman8396" <feldman8396@xxxxxxxxx>
To: "JSFG Main listserv" <jsfg_cinti@xxxxxxxxxxxxx>
Sent: Tuesday, November 25, 2003 12:06 PM
Subject: [jsfg_cinti] Bloomberg says: U.S. 3rd-Qtr GDP Grew at 8.2% Rate,
Fastest Since '84
> A quote from Bloomberg.com about the improving economy.
> --------------------------------------------------------------------------
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> U.S. 3rd-Qtr GDP Grew at 8.2% Rate, Fastest Since '84
>
> Nov. 25 (Bloomberg) -- The U.S. economy grew at an 8.2 percent annual rate
in the third quarter, faster than the government initially estimated as
companies boosted inventories in September to meet the surge in demand.
>
> The nation's gross domestic product, the value of all goods and services
produced, grew from July through September at the fastest pace since the
first three months of 1984, when Ronald Reagan was president. The Commerce
Department previously reported a 7.2 percent third-quarter growth rate,
following a 3.3 percent pace in the second quarter.
>
> ``Growth is now super-super strong compared to super strong,'' said Joseph
LaVorgna, senior U.S. economist at Deutsche Bank Securities, whose forecast
of 8.3 percent was the highest in a Bloomberg News survey.
> ...
> --------------------------------------------------------------------------
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>
> Complete article at URL:
>
http://quote.bloomberg.com/apps/news?pid=71000001&refer=home&sid=aXuXEm5y10U
o
>
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