Economic Growth Jumped 7.2% in 3rd Quarter

Oct 30 2003

The Bureau of Economic Analysis (BEA) reported today that real gross domestic product (GDP) grew at an estimated 7.2 percent annual rate in the third quarter of 2003, the largest increase since 1984. Today’s report significantly exceeded expectations. Many economists this week had predicted roughly 6 percent growth, and earlier this month the Blue Chip consensus forecast was just 4.9

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  • Economic Growth Jumped 7.2% in 3rd Quarter

    The Bureau of Economic Analysis (BEA) reported today that real gross domestic product (GDP) grew at an estimated 7.2 percent annual rate in the third quarter of 2003, the largest increase since 1984. Today’s report significantly exceeded expectations. Many economists this week had predicted roughly 6 percent growth, and earlier this month the Blue Chip consensus forecast was just 4.9Q3GDP1.pdf (123.7 KBs)