Boom notes of the week:
¶ The U.S.'s gross national product, total of all goods and services, reached a record annual rate of $372.4 billion for the second quarter, up $9.6 billion from the first quarter. Spending for personal consumption also rose, from $227.7 billion to $230.4 billion.
¶ Personal income for all Americans in June hit a new record, an annual rate of $286 billion, up $15 billion in a year.
¶ Employment in early July reached 63,120,000, a record for the month (but about 50,000 under the June figure).
¶ Commerce Department officials were reported ready to revamp their...