| Consumer Confidence High, GDP Growth best in 2 Decades |
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Andrew
Admin
Cash: $ 467.10
Posts: 1717
Joined: 02 Nov 2003
Location: Texas
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| Consumer Confidence High, GDP Growth best in 2 Decades |
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More great news on the economy front with the U.S. GDP up more than anticipated, consumer spending up and retailers scrambling to keep up with demand. Up, up, up and away...
quote:
Consumer Confidence at 14-Month High
Tue Nov 25,10:05 AM ET
NEW YORK (Reuters) - U.S. consumer confidence (news - web sites) surged to its highest level in over a year, exceeding economists' rosy expectations, as consumers grew more hopeful about the job market, a report said on Tuesday.
http://news.yahoo.com/news?tmpl=story2&cid=568&u=/nm/20031125/bs_nm/economy_consumers_dc_1&printer=1
quote:
U.S. 3rd-Qtr GDP Grew at 8.2% Rate, Fastest Since '84 (Update2)
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.
``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.
http://quote.bloomberg.com/apps/news?pid=71000001&refer=home&sid=aXuXEm5y10Uo
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Tue Nov 25, 2003 6:38 pm |
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