Thursday, December 05, 2013

Things Are Getting Better {Economic Edition}

A series of data points that illustrate our long held contention that the economy is getting better. Charts come to us from the Federal Reserve Bank of St. Louis.

GDP expands to an all-time high:


Per Bloomberg.com,  US GDP grows at a 3.6% rate.  This is a faster pace than initially reported and  higher than consensus.


Per Business Insider.com:  Initial Unemployment claims unexpectedly decline.