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GDP Growth and Household Finances

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According to the preliminary estimate from the U.S. Commerce Department’s Bureau of Economic Analysis, real gross domestic product (GDP) rose at an annual rate of 4.4% for 2004:IQ, up from the advance estimate of 4.2%. Most of the revisions were minor; the most significant were modest increases in inventories and imported goods.

Suggested citation: "GDP Growth and Household Finances," Federal Reserve Bank of Cleveland, Economic Trends, no. 04-06, pp. 10-11, 06.01.2004.

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