Clydesdale

The first of two revisions for expansion of the Gross Domestic Product in Second Quarter 2005, initially reported to be 3.4 percent, is neither astounding nor worrying:

The economy grew at a 3.3 percent annual rate in the second quarter, slightly less than initially estimated but still a solid performance, especially given galloping energy prices.


And an economy strong enough to continue producing through both long-term challenges and short-term crises is strong enough to boom when those rare months of economic quiet arrive.

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