Which Witch Is Which?
Same thing; check the headlines. First Reuters (03.30.04):
"Gross domestic product, which measures total output within U.S. borders, expanded at a 3.8 percent annual pace in the fourth quarter, the same as estimated a month ago, the Commerce Department said in its third and final estimate of GDP performance. That was slightly less than the 4 percent GDP pace that Wall Street analysts had forecast but still reflected healthy growth, only slightly less than the third quarter's 4 percent rate." Economic Growth Brisk, Profits SurgeNow the AP (03.30.05):
"According to the Commerce Department, the fourth-quarter GDP grew at an annual rate of 3.8 percent, less than the 4 percent economists forecast. The department's price index rose 2.9 percent for the quarter, more than Wall Street expected, but was offset by increases in consumer spending and capital expenditures by businesses." Stocks Up on Tepid GDP Report, Falling Oil Prices
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