2004 a breakout year for the new jersey economy s fourth quarter of 2003 commenced there were increasing signals that decided pick up in united states economic recovery was taking place broadest measure performance gross domestic product gdp grew by an explosive 7 2 percent third this more than double rate growth second 3 and highest since first 1984 19 years ago it also marked eighth straight thus nation has now experienced two full increases output while is not sustainable next several quarters could see solid vicinity 4 moreover business investment soared 11 1 as we have pointed out before past downturn unique post world war ii period 2001 recession triggered bursting capital bubble late 1990s subsequent then
