12-23-2003, 12:25 PM
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#3421
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Proud Holder-Post 200,000
Join Date: Sep 2003
Location: Corner Office
Posts: 86,150
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is this good news, I mean for the Economy?
http://www.foxnews.com/story/0,2933,106482,00.html
Quote:
The U.S. economy, propelled by tax cuts and low interest rates, roared ahead at an 8.2 percent annual rate in the third quarter, the best showing in nearly 20 years, while Americans' incomes and spending both showed healthy gains in November.
The government reports Tuesday on the gross domestic product (search), the country's broadest measure of economic health, and personal incomes and spending provided further evidence that the economy was convincingly shaking off a prolonged period of lethargy and beginning to fire on all cylinders.
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