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...economy positively roared out of the 2002 gate, racking up 5.8 percent GDP growth in the first quarter and pleasantly surprising just about everybody when the Commerce Department announced the results Friday. The GDP number is the best since the last quarter of 1999, and the slowdown of 2001 - recession, not a recession, it's academic - has now certainly gone down as the shortest in history...

Author: /time Magazine | Title: GDP Way Up. Dow Way Down | 4/27/2002 | See Source »

...time loss of $54 billion. It's the largest spill of red ink, dollar for dollar, in U.S. corporate history and nearly two-thirds of the company's current stock-market value. (It's also, as a lot of news outlets have noted, more than the annual GDP of Ecuador, but that's hardly relevant here.) All for something called "goodwill impairment...

Author: /time Magazine | Title: What AOL Time Warner's $54 Billion Loss Means | 4/25/2002 | See Source »

...Environmental regulation does cost about 2% of GDP, but the consistent message of surveys is that consumers gladly bear that cost as essential to health and quality of life. In fact that 2% figure grows much larger when voluntary spending is included. One of the great growth industries of the past few years has been the sale of bottled water, a product that most people can get for nothing out of a tap. Bottled water now costs far more than gasoline, but there is no sign of consumer revolt. People pay because they believe bottled water is free of pollutants...

Author: /time Magazine | Title: Washington Lobbyists Reveal Corporate America's True Colors | 4/22/2002 | See Source »

According to Rubin, the United States government only contributes 0.15 percent of its gross domestic product (GDP) toward international aid—while the European Union gives 0.35 percent of its GDP to foreign assistance...

Author: By Ravi Agrawal, CONTRIBUTING WRITER | Title: Poverty Promotes Terrorism, Rubin Warns in Speech | 4/15/2002 | See Source »

...said South Korea’s per capita GDP has increased from $100 to $9,000 in the last decade, while India maintained a constant growth of 5.5 percent per year over the last 15 years...

Author: By Ravi Agrawal, CONTRIBUTING WRITER | Title: Poverty Promotes Terrorism, Rubin Warns in Speech | 4/15/2002 | See Source »

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