GDP rose 1.8% in first quarter

Article Abstract:

The 1st qtr 1993 GDP increase of 1.8% was significantly lower the 4th qtr 1992 increase of 4.7%. Economists attribute the decline in growth to bad weather in February and March, and sluggish consumer spending. Pres Clinton used the figure to justify his economic stimulus plan.

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GDP rose 3.8% in '92 fourth quarter

Article Abstract:

The GDP increased at an inflation-adjusted rate of 3.8% in the 4th qtr of 1992, compared to 3.4% for the 3rd qtr. The growth statistic was the highest since the 4th qtr of 1988. The economy grew 2.1% in 1992, compared to a 1.2% decline in 1991.

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1991 fourth quarter GDP advanced at 0.3% rate

Article Abstract:

The US gross domestic product fell .7% in 1991, the first contraction since 1982. The fourth quarter GDP rose despite a drop in consumer spending.

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