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Ka-Boom!

Looks like the economy is finally growing--and guess what's leading the way?

By Mike Hogan • Aug 1, 2004

Opinions expressed by Entrepreneur contributors are their own.

The bean counters finally agree: We're knee-deep in magicbeans already, and they're going to keep piling up. As theAmerican economy surges forward, technology, as usual, is acatalyst for market expansion, new market creation and moreefficient ways of doing business.

America's gross domestic product (GDP) is growing at a 4 to5 percent annual rate, which doesn't sound like much after thespend-a-thon heading into Y2K. But GDP growth averaged 3.4 percentduring the '80s and '90s, the longest-running economic boomin our history.

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