7/7/2004

Analysts say the overall economy, measured by the gross domestic product, is headed for an impressive year and predict it may grow 4.6% or better, which is the fastest in two decades. The booming economy also has created 1.5 million new jobs since August, compared with the 2.7 million jobs lost during the previous 29 months, and Bank One chief economist Diane Swonk agrees that the country is "moving into a sweet spot for the economy with interest rates not too high, jobs coming back and business investment providing strength."

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