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Breaking News

GDP Rises Seven-Tenths of a Percent

Aired July 27, 2001 - 08:31   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
COLLEEN MCEDWARDS, CNN ANCHOR: We've got breaking news for you here. We want to give you the GDP number, the gross domestic product, that we've been expecting this morning. It is out. It's a number that economists watch because it gives a sense of the output of the economy, how much the economy grew. This one's for the second quarter -- GDP up 0.7 percent. That's 0.7 percent. That is slightly less than analysts were expecting.

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