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Sunday, January 31, 2010

Decent Economic News in 4th Qtr 2009

Obviously, the 5.7% growth rate in U.S. GDP in the 4th Qtr 2009 is not sustainable, but it is decent news.

fivethirtyeight.com has its usual rigorous analysis:

















Consumers, Exports and Inventories (re-stocking) led the way...and if business owners feel re-stocking is justified, that bodes well leading into 2010.

Maybe my neighbor will finally find a new job this year...

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