Final Q3 2003 GDP Released

[xxxxxJohnGaltxxxxx]

We released Q3 final data this morning:


GROSS DOMESTIC PRODUCT: THIRD QUARTER 2003 (FINAL)


Q4 will likely be around 3.5 - 4.5%

 

[Fern]

Yeah, could be. But don't be surprised if it's higher. Q3 was 8.2%, man that's high. But look for a boost in Q4 due to new tax laws. I've got a lot clients making large purchases for business now to take advantage of increased write-offs for equipment purchases (section 179 of US tax code). The banks and eqiupment dealers have been pushing this a lot this quarter.

 

[xxxxxJohnGaltxxxxx]

Originally posted by: Fern
Yeah, could be. But don't be surprised if it's higher. Q3 was 8.2%, man that's high. But look for a boost in Q4 due to new tax laws. I've got a lot clients making large purchases for business now to take advantage of increased write-offs for equipment purchases (section 179 of US tax code). The banks and eqiupment dealers have been pushing this a lot this quarter.

If it's higher, you can have my job, as I should lose mine

 

[rml]

Good news!

Let's hope that more jobs will be created in 2004!

 

[dmcowen674]

Originally posted by: rml
Good news!

Let's hope that more jobs will be created in 2004!

Based on what? More jobs at a local Walmart?

The report showed some Companies are replacing aged PC's they got for the 2000 rollover, big deal.
Nothing else in it to write home about.

 

[alchemize]

Originally posted by: dmcowen674

Originally posted by: rml
Good news!

Let's hope that more jobs will be created in 2004!

Based on what? More jobs at a local Walmart?

The report showed some Companies are replacing aged PC's they got for the 2000 rollover, big deal.
Nothing else in it to write home about.

Just give me my cart and leave me alone when I come in to shop, OK Dave? I don't want to get chatty, you take your "greeter" job too literally.

 

[Vadatajs]

Just let me know when there's net job creation again.

 

[Jhhnn]

The Q3 stats are very misleading, considering the huge number of Americans who refinanced their homes, cashing in equity... That reservoir is drained. Now for some real growth, we hope....

 

[dmcowen674]

Originally posted by: Vadatajs
Just let me know when there's net job creation again.

Just read the AT Expert posts, they swear there are more jobs being created than lost everyday and they are higher Wage jobs to boot.

Have a lot of Bridges For Sale too.