http://www.npr.org/blogs/thetwo-way/2013/12/05/248960900/u-s-economy-grew-at-3-6-percent-in-third-quarter-jobless-claims-dip
The U.S. economy grew at an annual rate of 3.6 in the third quarter of 2013, according to new data released by the Bureau of Economic Analysis. That's a rise from the second quarter, when the real gross domestic product tallied a 2.5 percent gain.
The figures are the strongest showing for the U.S. GDP since the first quarter of 2012, when growth was reported at 3.7 percent.Today's release is the "second" estimate for the third quarter, following up on data released in November. The "advance" estimate for the third quarter had put the GDP's increase at 2.8 percent. The BEA attributes the difference to a rise in private inventory investment that was larger than had been estimated.Other factors related to the rise were a rise in imports that was smaller in the third quarter than in the second, and an increase in spending by state and local governments.But, the Commerce Department agency notes, "Offsetting these movements, exports, consumer spending, and business investment each grew at a slower rate in the third quarter than in the second quarter."In other economic news, the number of people filing first-time claims for unemployment insurance fell below 300,000 last week, to 298,000, the Employment and Training Administration said Thursday.
who's lying to you, the Dems who tell us it's getting better slowly but getting there, if not for republican obstruction we probably would be there.
or the deceptive republicans who are major cause for our status to date and are waiting for Pres. to clean it up, he just isn't doing it fast enough for them, spoiler to right wing, you didn't screw it up overnight.
As was the case after cheery U.S. economic news about hiring and international trade emerged earlier this week, the stock market seems to be set for another dismal day, as the increases drive investors to fear that the Federal Reserve might consider tapering its monthly stimulus spending that was meant to prop up the economy.
the right wing wants us to dismiss legitimate reporting and the real numbers and except their reworking the spin but their version does not trump the facts. their record was -750,000 monthly guess they can't get it because they have this math problem, positive jobs are better than minus jobs and after they promised jobs in 2010 no one can say they got a job that had the republican logo on it except those Brietbart types.
