Business Situation: Advance Estimates for the Second Quarter of 2004

Economic growth slowed in the second quarter. Real GDP increased 3.0 percent after increasing 4.5 percent in the first quarter of 2004; the slowdown primarily reflection a deceleration in consumer spending. Prices increased about as much as in first quarter, as the price index for gross domestic pur...

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Veröffentlicht in:	Survey of Current Business 2004-08, Vol.84 (8), p.1
1. Verfasser:	Larkins, Daniel
Format:	Artikel
Sprache:	eng
Schlagworte:	Aircraft Automobile sales Business conditions Consumer Price Index Consumer spending Consumers Consumption Economic conditions Economic growth Economic indicators Economic statistics Energy prices Estimates Expenditures Exports Food prices GDP Gross Domestic Product Housing starts Income Inventory National income and product accounts NIPA Personal income Raises Software Taxes Wages & salaries
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Zusammenfassung:	Economic growth slowed in the second quarter. Real GDP increased 3.0 percent after increasing 4.5 percent in the first quarter of 2004; the slowdown primarily reflection a deceleration in consumer spending. Prices increased about as much as in first quarter, as the price index for gross domestic purchases increased 3.5 percent after increasing 3.4 percent. Real disposal personal income increased 2.9 percent after increasing 3.2 percent. [PUBLICATION ABSTRACT]
ISSN:	0039-6222 1937-4534