2004 U.S. Economy Was Best in 5 Years

Summary


WASHINGTON - The economy finished 2004 with its best performance in five years despite slowing in the final stretch. The outlook ahead: a moderate jog, rather than a sprint.

The broadest barometer of the country's economic standing, the gross domestic product, clocked a 4.4 percent increase for all of last year, spurred by brisk consumer and business spending, the Commerce Department reported Friday.

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Extract


2004 U.S. Economy Was Best in 5 Years

The latest snapshot of GDP, which measures the value of all goods and serv...

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