Tehachapi News

Share Your Voice


Search:

Report Violation

Are you sure you want to report the following content as a violation?
Positive post! Economy Logs Brisk 3.9 Percent Growth Despite what you hear on the news, The latest snapshot of the country's economic health, released by the Commerce Department on Wednesday, suggested that the economy is demonstrating much resilience and thus far holding up well to the strains in the housing and credit markets, which had intensified during the third quarter and rocked Wall Street. A second report from the department showed construction spending rose 0.3 percent in September, the best showing in four months. All-time high spending in both commercial construction by private builders and government projects more than offset weakness in home building.For the entire July-to-September quarter, individuals ratcheted up their spending. U.S. businesses sold more goods abroad and boosted some investment at home. Those were main factors helping to push up overall economic activity during that period. The third quarter's growth rate was up slightly from a 3.8 percent pace...
Please check the following violations, and include anything else in the comment box.
Offensive language
Threats
Inappropriate Content
Copyright violation
Other

Comment
Captcha



To protect users from spam, please enter the text from the image above.

Log In

Welcome to the Tehachapi News, your local source for news and events affecting the residents and businesses in Tehachapi.  The Tehachapi News is published every Wednesday, and available through home delivery and at rack locations throughout the area.

Forgot password?

Post Something! Register Now

Blogs

Disclaimer

The opinions and responses expressed by Bloggers on this site are theirs alone, and do not represent the opinions of the Tehachapi News or its employees. The Tehachapi News is not responsible for the accuracy of any of the information supplied by the Bloggers. Please read the terms and conditions for posting your opinions on this website.