SI
SI
discoversearch

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.
Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (3252)2/28/2002 3:43:50 PM
From: Bucky Katt  Read Replies (1) | Respond to of 16631
 
Ohh, indexes dumping big time now..OK if you are short from the fluff rally this morn. More on those fluffy GNP numbers>

Business investment subtracted 3.8 percentage points from GDP. Inventories alone subtracted 2.2 percentage points, thanks to a record $120 billion decline.

Investment in structures fell 32.6 percent. Investment in software and equipment dropped 4.8 percent, the fifth decline in a row.

Nominal GDP rose to $10.2 trillion. Measured from the fourth-quarter of 2000 to the fourth-quarter of 2001, real GDP rose 0.4 percent. Measured from 2001's level to 2002's level, GDP rose 1.2 percent, the weakest since the 0.5 percent decrease in 1991.