PRESIDENT GEORGE W. BUSH Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zoltan! who wrote (165257)	7/27/2001 4:57:15 PM
From: DMaA	Read Replies (1) of 769667

After some study, economic growth in Clinton's last year reduced from 5% to 4.1%. Just an honest mistake I'm sure: AP Business Govt: 2000 Economy Wasn't As Rosy WASHINGTON (AP) -- The government, in annual revisions to key economic data, reported Friday that economic growth last year wasn't as sizzling as previously thought. Those revisions showed a dramatic reduction in growth for last year from 5 percent, which had been the best showing since 1984, down to 4.1 percent, the same growth rate as in 1999. One of the main reasons: business investment in computer software was overestimated. Spending on software and equipment actually grew at a 11.1 percent rate for all of 2000, rather than the 13.7 percent rate previously reported. . . . The government also slightly lowered its previous estimates of growth for the years 1998 and 1999. The economy grew by 4.3 percent in 1998, instead of 4.4 percent. In 1999, the economy expanded by 4.1 percent, rather than 4.2 percent. http://www.newsday.com/ap/text/business/ap8.htm

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next