overview friday october 6 2000 continued on page 2 economic growth remains steady g ross domestic product gdp advanced 0 3 in july about the same rate as june exceptional expansion of electrical and electronic equipment manufacturing with an advance 1 7 makers computers peripherals extended their heady did communications wire cable industry telecommunications rose 9 partly making up for a decline computer consulting spurred business services strongest increase two half years almost 60 originated which had its best month since december 1998 output this surged 5 continuing steep ascent that has created 30 000 new jobs last 12 months factory 4 followed gain upward momentum observed past year was higher than 1999 addition to products saw increased transportation furniture industries moved forward