War Threat Causes Economic Jitters

By Chris Arnold

Published January 30, 2003 at 12:00 AM EST

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.

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