SECRETARY EVANS STATEMENT ON FOURTH QUARTER GDP
Secretary Evans Released Today The Following Statement After The Commerce Department’s Release of GDP Showed that the Economy Grew at 4.1 percent in Fourth Quarter

“Today’s strong growth numbers suggest that conventional economic measures may not be sufficiently capturing the full strength of our recovery. The continued brisk purchases of equipment and software signal rising business confidence and jobs growth because businesses typically decide to hire workers at the same time that they boost capital spending. The strongest export growth in seven years shows a rise in global economic activity. Although our economy continued expanding briskly in the fourth quarter and gives every indication of a banner year in 2004, President Bush will not be satisfied until this tax relief-powered recovery creates jobs for every willing worker.”