July 2004.(Economic growth)(Illustration)

Publication: Business Credit

Publication Date: 01-JUL-04

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COPYRIGHT 2004 National Association of Credit Management

July 2004



ECONOMIC GROWTH GDP % change from previous quarter Q2 03 Q3 03 Q4 03 Q1 04 U.S. 0.8 2.0 1.0 1.1 Canada -0.1 0.3 0.4 - Mexico 0.2 0.4 1.2 1.1 EU 15 0.0 0.4 0.4 0.4 Germany -0.1 0.2 0.3 0.4 UK 0.6 0.8 0.8 0.6 France -0.3 0.4 0.6 0.8 Japan 0.8 0.6 1.7 1.4 Sources: Eurostat (www.europa.eu.int); Instituto Nacional (www.inegi.gob.mx). U.S. BANKRUPTCY RATES Number of bankruptcy petitions filed in federal courts and % change from previous quarter Q4 02 395,129 (-1.5%) Q1 03 412,968 (4.5%) Q2 03 440,257 (6.6%) Q3 03 412,989 (-6.2%) Q4 03 393,348 (-4.8%) Q1 04 397,006 (1.0%) Source: Administrative Office of the U.S. Courts (www.uscourts.gov). U.S. Business Bankruptcies, Year Ending 12/30 1999 39,845 2000 35,992 2001 39,845 2002 37,548 2003 36,785 Source: Administrative Office of the U.S. Courts (www.uscourts.gov). U.S. INFLATION U.S. Consumer Price Index--Urban % Change...

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