WASHINGTON—Commerce Secretary Carlos M. Gutierrez today released the following statement on the GDP report which showed the economy grew at 3.8 percent in the third quarter: “Today's GDP is evidence of the fundamental strength of our economy. Ten consecutive quarters of strong economic growth proves President Bush’s policies deliver results and maintain the economy’s momentum. This resilience has enabled our economy to overcome the many challenges of the past five years, including the recent hurricanes and high energy costs.
As the rebuilding of the Gulf Coast continues, we must move forward in fulfilling the President’s pro-growth policies so that American businesses and workers can continue to compete and prosper.”
Source: U.S. Department of Commerce
