To: kristinn; Hydroshock
The gross domestic product, the broadest measure of economic health, expanded at an annual rate of 4 percent in the April-June quarter, significantly higher than the 3.4 percent rate the government had initially estimated a month ago, the Commerce Department reported Thursday.Good news? How can this be?
3 posted on
08/30/2007 7:40:53 AM PDT by
Toddsterpatriot
(Ignorance of the laws of economics is no excuse.)
To: Toddsterpatriot
Yes it is, with this there is less of a chance of an inflationary rate cut.
4 posted on
08/30/2007 7:42:10 AM PDT by
Hydroshock
("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
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