October 30, 2014

WE'RE JUST SNEAKING THIS ELECTION IN UNDER THE WIRE...:

U.S. economy grows at solid 3.5% rate in third quarter : Gross Domestic product 3rd quarter 2014 (DON LEE, 10/30/14, LA Times)

The nation's gross domestic product, the total value of the goods and services produced, increased at a 3.5% annual rate in the July-to-September period, the Commerce Department said Thursday. That is the change from the second quarter, when real GDP bounced up to an annual pace of 4.6% after a brutal winter brought a 2.1% contraction in output at the start of the year.

All in all, the latest report confirms that the U.S. economy is on more solid footing and is far outperforming the economies of other major advanced nations such as Japan, Germany and France.

...before folks realize how good the economy is. But the Republican Congress needs to pass some phoney-baloney deal with the UR so it gets to share the credit.

Posted by at October 30, 2014 5:28 PM
  

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