Skip to content

Business Quote by Anonymous

Download Open image
““Increased investment by businesses and a slightly improved trade picture prompted the revision, which lifted the estimated annual rate of growth in April, May and June to 4.2 percent from the government's initial reading of 4 percent in late July. Since the economy emerged from the recession five years ago, companies have been hesitant to spend heavily on new capacity, but these figures and other recent data indicate that is finally changing. In a separate report Thursday, the Labor Department said initial claims for unemployment benefits dropped last week by 1,000, to 298,000, helping push the eight-week average for new claims to below 300,000 for the first time since April 2006, well before the onset of the recession.””

Anonymous

3.5 out of 5 (4 ratings)

More by Anonymous

Explore all 158,461 Anonymous quotes

More Business quotes

Browse all 38,995 Business quotes