Private wage and salary disbursements also increased by over $25 billion in September, adding to the total personal income bump up. The Department of Commerce said that the net personal income increased by 1.1% in September while the disposable personal income (adjusted for taxes and inflation) increased by 0.7%.

The advance gross domestic product also indicates that consumer spending is still on the rise. It is growing at an annual rate of 4.5%. In recent years, consumer spending

Barrett, Jennifer. "Economic Growth Continues." New York Times 29 Oct. 2000.

Callen, Jane. "Statement by Robert J. Shapiro." US Department of Commerce. (Oct. 27 2000): Online. Internet. 29 Oct. 2000.Available http://osecnt13.osec.doc.gov/public.nsf/docs.

All things considered, the national is still growing. This is the longest period of economic growth in America's history and it has yet to show signs of slowing. Much of this growth is a direct effect of extensive investment spending and government spending. Fortunately, even though the current employment rate has exceeded the theoretical full employment rate, there is minimal inflation. This economic prosperity follows Keynesian equilibrium models perfectly.

Although this negative savings rate may sug

Some common words found in the essay are:
Department Commerce, personal income, Online Internet, consumer spending, York Times, Commerce Oct, department commerce, personal savings, consumer spending +, gross domestic product, personal income increased, annual rate, spending + investments, gross domestic, increased past, domestic product, employment rate, income increased,
Approximate Word count = 514
Approximate Pages = 2 (250 words per page double spaced)