GDP Grew 3.5% in Q4; Wages Up 0.8% in Q4; Fed Leaves Rate at 5.25%
The US economy grew at a faster-than-expected 3.5% pace in the final
quarter of 2006 on strong consumers spending, despite the housing slump,
according to
advance estimates released by the Bureau of Economic Analysis. In the
third quarter, real GDP increased 2.0%.
- Q1 2006: 5.6%, the fastest in 2 1/2 years.
- Q2 2006: 2.6%
- Q3 2006: 2.0%
- Q4 2006: 3.5%
- Full Year 2006 GDP growth: 3.4%, compared to 3.2% in 2005
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The U.S. copyright industries continue to lead
the U.S. economy in their contributions to job growth, gross domestic product
(GDP), and foreign sales/exports, accounting for 11.12% of GDP and 4.03%
of U.S. workers, with a 40% premium in wages over the average worker,
according to a 
Global wine consumption
over the next five years would grow by 9% in market value to $117
billion from $107 billion in 2005, according to a study commissioned by the organizers of the
The number of cellular connections
worldwide will
reach three billion by the end of 2007, having passed through 2.5 billion during September
2006, adding half billion connection in about 12 months, according to research firm Wireless
Intelligence, 
Private equity performance
was extremely steady with both buyout and venture capital asset classes continued to outperform both the S&P 500 and NASDAQ
markets in the long term, 
Advertising during
the Super Bowl game has accounted for 682 minutes (over 11 hours)
of commercial time
throughout the past 20 years (1987-2006), representing 221 different
advertisers, more than 1,400
commercial announcements, and translate into $1.72
billion of ad sales, 
