Small Business Resources, Business Advice and Forms from AllBusiness.com

Stocks Inch up, Waiting for GDP to Gauge Economic Growth.

By Monique El-Faizy, Daily News, New York Knight Ridder/Tribune Business News

Oct. 30--Stocks edged higher yesterday on strong corporate profits as investors anticipated today's report on the pace of the nation's economic growth.

The Dow added 26.22 to 9,774.53. The Nasdaq edged up 4.30 to 1,936.56.

"It looks to be a market that just wants to go up," said Joseph Battipaglia, chief investment strategist at Ryan, Beck & Co. "Anybody who wanted to be pessimistic is waiting for the [growth] number."

The government is expected to repor

In addition, make sure to read these premium articles also available with your free trial:

T T T
art_print Printart_email Email 16x16-digg-guy  Digg It delicious-small  del.icio.us

Related Resources

Free AllBusiness Articles

  • Gross Domestic Product by State: Advance Estimates for 2006 and Revised Estimates for 2003-2005
    • ECONOMIC growth in the United States was widespread in 2006, as inflation-adjusted gross domestic product (GDP) grew in 49 states and the District of Columbia, according to the latest estimates released by the Bureau of Economic Analysis (BEA). Growth accelerated in most states, as U.S. real GDPby- state growth accelerated ......
  • QUARTERLY OUTLOOK
    • The U.S. and South Carolina economies continued to expand through the late spring and summer of 2006, although there are signs that economic growth may be slowing. Real Gross Domestic Product (GDP) for the U.S. in the second quarter grew at less than half the pace from the first quarter....
  • U.S. Economic Growth Bolstered by Research and Development
    • THE BUREAU OF ECONOMIC Analysis (BEA) and the National Science Foundation (NSF) recently partnered to produce estimates of how spending on research and development (R&D) affects the nation's gross domestic product (GDP). According to their estimates, GDP would have been nearly 3 percent higher annually between 1959 and 2004 - ......
  • GDP and the Economy: Final Estimates for the First Quarter of 2007
    • ECONOMIC growth slowed in the first quarter of 2007, according to the "final" estimates of the national income and product accounts (NIPAs). Real gross domestic product (GDP) increased 0.7 percent after increasing 2.5 percent in the fourth quarter of 2006 (chart 1 and table 1).1 The first-quarter growth rate was ......
  • GDP Hopeful to Grow 3% During Last Quarter
    • After six months of 1.5% economic growth, gross domestic product is expected to increase at a pace of 3% or more in the last three quarters of 2003, say Commerce Department data. Economic growth is then expected to quicken to a 4% pace throughout next year. The recent two-quarter growth ......
  • MBA releases long-term forecast for economy and housing finance market.
    • THE MORTGAGE BANKERS ASSOCIATION (MBA) released its long-term economic forecast for 2004, 2005 and 2006, which projects strong economic growth through 2006 with gross domestic product (GDP) growth rates exceeding 4 percent each year. "The year 2004 looks to be an exceptionally strong year, building on the gains of the ......
  • Energy demand tied to GDP growth
    • ASSUMING NO changes in federal laws or regulations, U.S. energy demand is projected to increase 32 percent from 1999 to 2020, reaching 127 quadrillion Btu. Faster or slower economic growth - as well as the development of energy-efficient and renewable energy resources - will impact this forecast, according to the......

Blogs

  • Get The Facts About Modern Manufacturing Handbook
    • Manufacturing has always fascinated me. It all started with an elementary school tour of a cereal plant when I was a child. Since that day, I seize every opportunity to watch the modern marvels of manufacturing at work. A lot of people think that manufacturing is dead in this country, ......
  • The SOHO Daily News | Senate Approves Tax, Economic Growth Bill
    • The SOHO Daily News | Senate Approves Tax, Economic Growth Bill The Senate on May 15, 2003, approved a $441 tax cut package, including $20 billion in state aid, by a vote of 51 to 49. The Jobs and Growth Tax Relief Reconciliation Bill of 2003 (HR 2) includes ......
  • Entrepreneurs lead U.S. economic growth
    • Entrepreneurs lead U.S. economic growth : Jeff Cornwall "The latest report on the state of American entrepreneurship from the Kauffman Foundation offers more evidence of the robust nature of our entrepreneurial economic recovery -- evidence that politicians and policy makers ought to keep in mind as they debate the ......
  • More on healthcare costs - the CMS press release has more details
    • Here is the press release for the study on health care costs from CMS, also published in Health Affairs today, This is also a "need to know" article.
  • All Bloggers
Related Topics
Tools

Sponsored Links

Site Map | Contact Us | FAQs | About Us | Media Kit | Reprints | RSS Directory | Sign Up for Free Newsletters | Disclosure Policy

Copyright © 1999 - 2008 AllBusiness.com, Inc. All rights reserved.
No part of this content or the data or information included therein may be reproduced,
republished or redistributed without the prior written consent of AllBusiness.com.
Use of this site is governed by our Copyright and Intellectual Property Policy, Terms of Use Agreement and Privacy Policy.

Get In-Depth Company Information from Hoover's | Buy a D&B Credit Report | What is in Your Company's D&B Credit Report? | Article Archives
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists
Information and opinions on AllBusiness.com solely represent the thoughts and opinions of the authors and are not endorsed by, or reflect the beliefs of,
AllBusiness.com, its parent company D&B, and its affiliates.