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Economic Activity

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Even with a benchmark revision, the final real gross domestic product (GDP) for 2003:IIIQ contained no surprises. Real GDP surged ahead 8.2%, the same as in the last estimate. The only changes worth mentioning are that final sales were revised up slightly and inventory investment was revised down.

Suggested citation: "Economic Activity," Federal Reserve Bank of Cleveland, Economic Trends, no. 04-01, p. 10-11, 01.01.2004.

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