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UNITED
STATES
US Growth Rate at 8.2%, by 3rd quarter
 Third quarter figures in the United States were at
it highest point in almost two decades, with a confirmed
leap to 8.2% of the GNP. According to the Trade
Department’s final estimations. Analysts focussed
generally on the confirmed progression, the most important
since the first quarter of 1984
At the second quarter, the US showed figures in
progression of 3.1% and 2%. Consumer spending, household and
commercial investing which were both at a rise supported
growth in the 3d quarter. Consumer spending on durable
personal goods, such as cars, televisions or refrigerators,
rose by 6.9% in the 3rd quarter against 6.4% in
previous estimations. Spending on durable goods rose by 28%
Business investments were clearly higher with a
progression of 14.8% against 14% in previous estimations.
This is the second consecutive rise since the recession from
2000. Businesses favored particularly, investing in
equipment and software (+17.6%).
The enthusiasm of home-ownership moved investment up
21.9%. On the other end of the spectrum, public spending,
which include the Federal and Liberal governments, as well
as local authorities moved only to 1.6%. Defence spending in
particular fell to 1.3% after moving to 4.9% during the 2nd
quarter.
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