Follow @USApostille
![]() Our Videos |
March 28, 08
NEWS / 4th-Quarter Data Confirms Frailty of the Broad EconomyWASHINGTON (AP) — Final Commerce Department statistics for the fourth quarter of 2007 indicated Thursday that the economy came close to sputtering out. The department reported that the gross domestic product increased at a 0.6 percent annual pace from Oct. 1 through Dec. 31. The reading, unchanged from a previous update of the figures a month earlier, offered confirmation of how much the economy had weakened. In the third quarter of 2007, it grew at a 4.9 percent annual pace. The gross domestic product measures the value of all goods and services produced in the United States and is considered the best general gauge of economic health. Many economists expect growth in the current quarter to be even weaker, and a rising number say it may already be contracting. By strict definition, economic contraction for two quarters, or six months, constitutes a recession. The government will release its estimate of the gross domestic product for the first quarter late next month. “The economy just kept its head above water” in the fourth quarter, said Nigel Gault, chief United States economist at Global Insight. “We think that G.D.P. will decline, albeit slightly, during the first half of 2008. The first-half outlook is bleak.” In another report, the Labor Department said Thursday that fewer people signed up for initial unemployment benefits last week, though that did not change the broader picture of a deteriorating job market. Jobless claims fell by 9,000, to 366,000, a better showing than many economists had forecast. Still, unemployment is expected to rise this year. Consumers, indispensable to economic vitality, increased their spending at a 2.3 percent pace in the fourth quarter. That was better than the 1.9 percent pace previously estimated, but a drop from the 2.8 percent pace in the third quarter. Businesses, seemingly anxious about customers’ purchasing, sharply reduced their inventories of unsold goods. That shaved 1.79 percentage points off fourth-quarter output. But sales of American goods and services to other countries grew at a 6.5 percent annual pace. Exports have been buoyed by the sinking value of the dollar, which makes American goods less expensive to foreign buyers. An inflation measure linked to the gross domestic product showed that prices increased at a pace of 3.9 percent in the fourth quarter, sharply higher than the third quarter’s 1.8 percent. So-called core prices — excluding food and energy — grew at a pace of 2.5 percent, up from 2 percent in the third quarter. Source: http://www.nytimes.com/2008/03/28/business/28growth.html?_r=1&ref=business&oref=slogin |
Do you need
We do Retrieval, Preparation and Legalization.
Power of attorney
Vital records
Birth certificate
Marriage Certificate
Single Status Affidavit
No Record of a Marriage
Certificate of No Marriage Record
Divorce Certificate
Divorce Decree
Death certificate
Criminal Record
Certificate of good conduct
Criminal Background Check
Foreign Driver License
Documents for transportation of the Deceased
Children's Travel Consent Letter
Evaluation of Foreign Education Credentials for US
Letter of Invitation for USA Visa
Documents for Avoiding Double Taxation
|
TestimonialsJohn BeacleayJust wanted to say thanks again for all your help Anton. I mean it's really amazing to me that yo... As a foreigner, I needed a certified translation, so I called the DOE to give me a list of the ce... |
FAQWhere can i find more information about International Financial Scams?Read More » Why should I sign up for the LBO ? Read More » What is the State Departments mission? Read More » Starting a Business Read More » |
Quick Menuapostille Grenadaapostille Mauritania apostille Missouri apostille Alaska apostille Afghanistan apostille New York City apostille Somalia apostille Bulgaria apostille American Samoa apostille Colorado apostille Turkey apostille Tennessee Certificate of Incorporation apostille Turks and Caicos apostille Angola apostille Gambia, The |
NewsSeptember 3, 25US Congress considers legislation to expedite VA death certificates Read More » August 27, 25 NYC apartment building residents angry at “aggressive” squatter with criminal record Read More » August 22, 25 UK man issued 2 death certificates to allegedly cover up hospital’s negligence – report Read More » August 18, 25 Same-sex marriage certificates under question after court case requests overturn of 2015 legalization of same-sex marriage nationwide Read More » |