State Of The Economy 3rd Quarter 2005

Introduction           Despite the devastating effects of Hurricanes Katrina and Rita in the Gulf states and initial signs of slowing during the first half of 2005, economic activity remained surprisingly firm in the third quarter with real gross domestic product (GDP) increasing by 3.8% during the quarter.  This favourable growth follows a 3.3% increase in … Continue reading State Of The Economy 3rd Quarter 2005

State Of The Economy 1st Quarter 2005

Introduction Signs of slowing economic growth began to emerge during the first quarter of 2005, with real gross domestic product (GDP) increasing by 3.1% during the quarter.  This tepid growth follows a 3.8% increase in GDP during the fourth quarter of 2004 and a 4.0% increase during the third quarter.  The pace of economic expansion … Continue reading State Of The Economy 1st Quarter 2005