Economy sees first quarter growth
Adjust font size:
Manufacturing News, Source : TheManufacturer.com
Published : 27 May 2004 15:00
The US gross domestic product, the measure by which output is gauged, expanded at a rate of 4.4 percent annual rate in the first quarter according to the Commerce Department.
The US gross domestic product, the measure by which output is gauged, expanded at a rate of 4.4 percent annual rate in the first quarter according to the Commerce Department.
The growth, above the 4.2 percent projected rate, is attributed to businesses restocking empty shelves. However, the GDP report also showed after-tax corporate profits rose 1.4 percent in the January-March period, the weakest profit performance since the first quarter of last year, when earnings fell.
Comments on this story
click here to add a comment
You must be registered & logged in to add comments
already have an account and just want to login?
Related Content
Guest Editorial: Checklist - Seven Recommendations for Improved Profits
by Abbott A. Imberman, PhD, Professor of...
more…
FKI LOGISTEX OPENS NORTH AMERICAN TECHNOLOGY & EDUCATION CENTER (TEC)
(St. Louis, Missouri, USA: July 10, 2007) FKI...
more…
Guess selects the tradecard platformand SourceView suite to optimize global trade
NEW YORK, July 10, 2007 – TradeCard Inc., the...
more…
Kimberly-Clark Professional Crosses Final Touchless Frontier With Introduction of First Electronic Bath Tissue Dispenser
ROSWELL, Ga. (July 9, 2007) – Kimberly-Clark...
more…
Boeing Celebrates the Premiere of the 787 Dreamliner
EVERETT, Wash., July 08, 2007 -- Today, Boeing...
more…
no comments yet...