...and no, lefties, not downward, BUT UPWARD!!!
The U.S. economy grew at a 4.3 percent annual rate from July through September, the quickest since the first quarter of last year and evidence of resilience in the face of record energy costs.
The revised figure for gross domestic product, the value of all goods and services produced in the U.S., was higher than economists forecast and compares with a 3.8 percent pace initially estimated, the Commerce Department's figures showed today. Growth was 3.3 percent in the prior three months.
A second straight quarter of declining inventories will keep factories humming, providing fuel for an economy that's grown in excess of 3 percent since March 2003, the longest such streak since 1986. Consumer spending, construction and business investment were more robust than the government first estimated.
USA Today article
CBS News
Me, I blame us capitalist pigs, and, oh yeah, I BLAME BUSH!!!
