US Economics Presented to professor D. Mark Oliver In partial fulfillment of the requirements of Economic Problems By Kevin Carrico Aug. 7, 2005 Our economy is growing at a solid 3.4 percent annual rate in the second quarter, setting the stage for steady second-half expansion as inventories fell and Midwest manufacturing picked up, government and industry reports on show. The quarterly report on gross domestic product, or GDP, showed core inflation well contained but analysts said there was …showed first 75 words of 578 total…

…showed last 75 words of 578 total…ranking system. This will help you capture the main elements and the interaction between the various areas of spending. Work cited: www.bea.doc.gov/bea TheStreet.com AugmentedUnemploymentRate http://www.thestreet.com/tsc/basics/tscglossary/augmentedunemploymentrate.html TheStreet.com EconomicCalendar:Jan.5-9 http://www.thestreet.com/markets/databank/currentissue.html?s=left Unemployment Rate Falls to 5.7%; Employers Added Just 1,000 New Jobs in December observation Nell Henderson Washington Post Staff, January 9, 2004 http://www.washingtonpost.com/