Press Now Admits Economy Was Good So They Can Say How Hurricanes Made It Bad

Economy Was in Good Shape Before Katrina and Rita; Growth Expected to Slow in Second Half
WASHINGTON Sep 29, 2005 — The economy was growing solidly before hurricanes Katrina and Rita, whose double blow is expected to make for rocky business activity in the months ahead.
A Commerce Department report released Thursday showed that gross domestic product grew at a 3.3 percent annual rate in the second quarter confirming that economic activity was humming along at a respectable pace before the disasters struck.
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News Tension: 100
Gravity: Losing their footing
, Current Events, In The News, News, Gulf Coast, Hurricane
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