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To: Internet Jones who wrote (42341)5/27/1999 9:45:00 PM
From: kha vu  Respond to of 120523
 
U.S. economic growth still robust

GDP revised down but still up strong 4.1 percent

MSNBC NEWS SERVICES

WASHINGTON, May 27 — The U.S. economy advanced at a slightly less brisk clip at the beginning of 1999 than previously thought, the Commerce Department said Thursday, but company profits swelled at the fastest rate in four years. The nation's gross domestic product — the broadest measure of total economic activity within U.S. borders — grew at a revised but still healthy 4.1 percent annual rate in the first quarter instead of the 4.5 percent previously reported.

msnbc.com