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War Threat Causes Economic Jitters

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War Threat Causes Economic Jitters

U.S.

War Threat Causes Economic Jitters

War Threat Causes Economic Jitters

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  • <iframe src="https://www.npr.org/player/embed/952558/952559" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Economic growth comes to a near standstill in the fourth quarter of 2002, as the gross domestic product rose by an annual rate of just 0.7 percent. Concerns over a possible war in Iraq and rising oil prices prompt many businesses to hold off on new spending. NPR's Chris Arnold reports.