Latest good news on economy
November 30, 2003Reuters reports:“Reports Brighten Economy’s Growth Outlook.”
“Prospects for U.S. growth brightened on Wednesday as new unemployment benefit claims decreased to a nearly three-year low and durable goods orders posted a surprisingly strong jump.”
“First-time claims for state unemployment benefits dropped 11,000 to 351,000 in the week ended Nov. 22 — the lowest since January 2001, before the economy slipped into recession.”
“New orders for costly and long-lasting manufactured goods climbed 3.3 percent to a seasonally adjusted $184.53 billion — far ahead of Wall Street economists’ forecasts for a 0.8 percent gain.”
It’s the economy, stupid?
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