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My personal musings about anything that gets on my radar screen--heavily dominated by politics.
2005-06-30
Still Chugging Along In case you missed it, the government revised last quarter's GDP numbers upwards yesterday. The economy logged a solid 3.8 percent growth rate in the first quarter of 2005, a performance that was better than previously thought and a fresh sign the expansion is on firm footing. The new reading on gross domestic product, released by the Commerce Department on Wednesday, marked an improvement from the 3.5 percent annual rate estimated for the quarter just a month ago and matched the showing registered in the final quarter of 2004. You know, if for some reason you missed the GOOD news on the evening news or in this morning's paper. | |