The U.S. Month at a Glance (August 2003)

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The U.S. Month at a Glance (August 2003)

Global Economic Analysis
Pages:3 pages4 min read

Author: Kip Beckman

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A snapshot of the U.S. economy for the last six months.

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A snapshot of the U.S. economy for the last six months.

Document Highlights

There is a great deal of stimulus in the economy.

Real GDP increased by a better-than-expected 2.4 per cent (annualized) in the second quarter.

Consumer confidence dropped by 6.9 points in July, and the index currently stands at its lowest level since March.

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