The U.S. Month at a Glance (December 2004)

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The U.S. Month at a Glance (December 2004)

Canadian Economics
Global Economic Analysis
Pages:5 pages8 min read

Author: Kip Beckman

$30.00

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

  • The U.S. economy expanded at an annualized rate of 4 per cent in the third quarter.
  • The economy created 112,000 new jobs in November, dropping the unemployment rate to 5.4 per cent.
  • The current account deficit increased from $147.2 billion in the first quarter to $166.2 billion in the second quarter.

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