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To: re3 who wrote (59114)4/26/2002 11:41:10 AM
From: Eric  Read Replies (3) | Respond to of 77400
 
Looks like the economy is taking off.....

Economy Surged 5.8% in 1st Quarter
As Businesses Slowed Inventory Cuts

A WALL STREET JOURNAL ONLINE NEWS ROUNDUP

The U.S. economy grew at a sizzling 5.8% annual rate in the first quarter, rocketing back after last year's recession and the terrorist attacks.

After limping through the last six quarters, gross domestic product -- the broadest measure of the economy's health -- posted its strongest showing since the final quarter of 1999, the Commerce Department reported Friday.

The figures reinforced the view that the country not only emerged from a recession that began in March 2001 but that the downturn will probably go down as the mildest in history.

online.wsj.com