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Chemical Week Magazine :: Departments :: Vital Statistics

Growth Rebounds

8:30 AM MDT | September 8, 2008 | Arnold Pearlman

Export figures are based on fob values excluding re-export; import figures on cost, insurance, and freight. Sources: Haver Analytics (New York), based on data from the U.S. Dept. of Commerce and The Federal Reserve Board. The U.S. economy grew at an annualized rate of 1.9% in the second quarter of 2008, compared to growth of 0.9% in the first quarter 2008 and a decline of 0.9% in the fourth quarter of 2007. Second-quarter growth was spurred on by a surge in consumer spending on clothing and food, and business expenditures on office buildings, industrial...

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