Some good news on the economic front

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Author Message   Rastro Citizen Username: Rastro Post Number: 530 Registered: 5-2004 Posted on Thursday, December 23, 2004 - 2:41 pm:        Economy Grows Faster Than Thought in 3Q http://story.news.yahoo.com/news?tmpl=story2&u=/ap/20041222/ap_on_bi_go_ec_fi/ec onomy "The economy headed into the end of the year with good momentum, expanding at an annual rate of 4 percent in the third quarter, a faster clip than previously thought. The new reading on the gross domestic product, released Wednesday by the Commerce Department, exceeded the previous estimate of a 3.9 percent growth rate for the July-to-September quarter. It marked the best showing since the opening quarter of this year and was up from a 3.3 percent pace in the second quarter." To many, the key indicator is jobs, but it does seem that the economy is getting stronger. Good to see, if it's true.   Straw's world Supporter Username: Strawberry Post Number: 4190 Registered: 10-2001 Posted on Thursday, December 23, 2004 - 2:57 pm:        It's still a fragile market. WASHINGTON (AP) -- Consumers kept a closer eye on their wallets as they moved into the holiday shopping season, boosting their spending by a modest 0.2 percent in November.   Rastro Citizen Username: Rastro Post Number: 531 Registered: 5-2004 Posted on Thursday, December 23, 2004 - 3:02 pm:        True, and the December numbers are really going to be telling. We'll see how much we really opened our wallets this month. It's scary how much retailers depend on the holiday season (ok, Christmas) for so much of their overall revenue. Initial anecdotal reports have been less than stellar, but as we saw with the election, early results can be deceiving.   Tom Reingold Supporter Username: Noglider Post Number: 4869 Registered: 1-2003 Posted on Thursday, December 23, 2004 - 3:10 pm:        I was unemployed for five months. I got a job last month, I'm now getting emails from headhunters. I take this as a good sign.   Debby Citizen Username: Debby Post Number: 1457 Registered: 5-2001 Posted on Thursday, December 23, 2004 - 3:49 pm:        Congratulations on the job, Tom. I know so many people, including my husband, who have had similar experiences at other times. When it rains it pours.