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To: Lizzie Tudor who wrote (21346)	6/4/2004 2:30:56 PM
From: gpowell	Respond to of 306849

I have the article. The data came from one staff economist at Goldman Sachs and the discrepancy between his method and conventional methods of calculating GDP growth was 0.8%. The 8% GDP growth you quote, and which was quoted in the article, was only in the goods sector. The Goldman economist got his numbers buy inserting industrial production growth as a proxy for good-sector growth because in the past these two measures tracked each other.