6 th street bridge los angeles national economy the 2003 04 was characterized by nearly average growth virtually unchanged employment levels high productivity low interest rates inflation and residential building activity fastest at beginning of fiscal year slowed end unemployment rate declined slowly through gross domestic product real broadest measure nation s output goods services increased 3 0 percent in up from 1 9 2002 gdp just below its ten particularly strong late early 2004 this escalation followed two years that began 2001 a recession is usually accompanied nonagricultural but sector investment spending which grew 4 major reason for stronger made 15 total components had vastly