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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (503456)	12/4/2003 8:44:00 AM
From: JakeStraw	Respond to of 769670

‘New economy’ never went away Wednesday’s business productivity numbers are an unequivocal sign that the economy’s remarkable improvements in output per worker continue unabated by Alan Murray Today, we all had our eyes glued to the bug in the bottom-right-hand corner of the CNBC screen, waiting to see if the Dow would break 10,000 and the Nasdaq top 2,000. It’s been a long time since the market first surpassed those barriers. The Dow Jones Industrial Average went over 10,000, with much fanfare and celebration, in March 1999. The Nasdaq Composite first broke 2,000 in July 1998. The return to those levels signals investors’ confidence that the recovery is real, that the American economy is on the mend. Money 2004. Smarter, faster and easier than ever. Most remarkable is Wednesday’s report that productivity -- output per worker per hour -- went up a stunning 9% in the third quarter. That level is unsustainable, but it’s a sign that the remarkable productivity improvements in the economy continue unabated. And that, in turn, suggests the recovery ahead could be strong and long. moneycentral.msn.com