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To: hawkaw
Not bad for soaring oil prices and 4 hurricanes.

I think the naysayers forgot the effects of four hurricanes that hit the southeastern USA this year, which caused US$35 billion in damage. Small wonder why the third quarter GDP growth was only 3.7%, mostly because many businesses in the US Southeast had reduced economic activity due to being affected by the hurricanes.

43 posted on 10/29/2004 7:02:52 AM PDT by RayChuang88
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To: RayChuang88
It is STILL being spun by the MSM as a "disappointment". I've heard the numbers covered about a dozen times this morning--a few times on CNBC (aka stock channel)--and EVERY SINGLE COMMENT on these numbers is preceded by,,,

"LESS THAN EXPECTED GROWTH",,,or "DISAPPOINTING GROWTH".

45 posted on 10/29/2004 7:13:11 AM PDT by stockstrader
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