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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Terry Whitman who wrote (28815)	1/30/2002 10:22:33 AM
From: Challo Jeregy	Respond to of 52237

Lee posted this on his site - from Dow Jones (in part) MAJOR FACTORS AFFECTING GDP Stronger consumer spending and government spending were primarily responsible for the upturn in the fourth quarter GDP. Consumer spending which accounts for two-thirds of economic output, rose 5.4% due to "a surge in motor vehicle purchases" during the fourth quarter, the government said. Government spending jump to a record high rate of 9.2%, as the demand on military materials and equipment for wartime efforts increased during this period. Meanwhile, capital spending, central to the economy in recent years due to its productivity-boosting effects, restrained fourth quarter GDP somewhat by sinking 12.8%. Spending on buildings other than housing plunged 31.0%, while spending on construction investment decreased 11.1%. Additionally, spending on equipment and software fell 5.2%. marketswing.com