GDP GROWTH SLOWER IN 3Q

A detailed Summary of GDP GROWTH SLOWER IN 3Q

This article is about the slowest pace of the economy in four years in the third quarter. The #'s of GDP according to the Commerce Department was reportedly 2.4 percent in the quarter, down from the estimated 2.7 percent rate. Some say the percent is even lower. The drop from the second quarter's 5.6 percent rate was an obviously large plumment, attributed to the "downturns in investment and in federal government spending as well as less inventory building by businesses." Since the 1999, it is said that the Fed has raised rates six times, and economists feel that they(the FED)are finally getting what they want by thi

Some common words found in the essay are:
Oscar Gonzalez, Commerce Department, GROWTH SLOWER, federal government spending, government spending inventory, inventory building businesses, spending inventory building, investment federal government, federal government, inventory building, government spending, investment federal, spending inventory, read economy, building businesses, percent rate,

Approximate Word count = 456
Approximate Pages = 2 (250 words per page double spaced)

Category: Miscellaneous

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