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"U.S. ECONOMY GREW SINCE JULY AT FASTEST RATE IN A YEAR"

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ClarkUSA Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 02:38 PM
Original message
"U.S. ECONOMY GREW SINCE JULY AT FASTEST RATE IN A YEAR"
Edited on Thu Oct-27-11 02:55 PM by ClarkUSA
~ Dow back above 12,000 mark as all three markets rise
~ S&P 500 and Nasdaq indexes both jump four per cent
~ Dow is on pace for its biggest monthly gain in history
~ U.S. economy grew since July at fastest rate in a year

... reports on the U.S. economy have improved... The economy grew at a 2.5 per cent annual rate from July through September on stronger consumer spending and business investment. That nearly doubled the economy's 1.3 per cent growth in the earlier quarter and helps calm worries about another pending recession.

http://www.dailymail.co.uk/news/article-2054206/Wall-St...


Gallup Finds Significant Drop in Unemployment During October Unemployment, without seasonal adjustment, fell to 8.3% in the 30 days ending Oct. 23






Gallup is documenting a clear decline in unemployment and underemployment during October. Modeling based on statistical comparisons of Gallup's unemployment data to the government's seasonally adjusted data over time suggests that the Bureau of Labor Statistics could report an October unemployment rate of less than 9.0% on the first Friday in November.


http://www.democraticunderground.com/discuss/duboard.ph...


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Historic NY Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 02:40 PM
Response to Original message
1. Bet that pissed off the pukes.
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slay Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 03:44 PM
Response to Original message
2. It grew so much it MADE YOUR CAPS LOCK KEY GET STUCK
:eyes:
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Tarheel_Dem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 03:48 PM
Response to Original message
3. K & R
:bounce:
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louis-t Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 04:04 PM
Response to Original message
4. This tells me things improved in SPITE of repug
attempts to block everything.
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great white snark Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 04:11 PM
Response to Original message
5. K&R
Great news.
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golfguru Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 04:21 PM
Response to Original message
6. Does that mean no double dip recession?
I guess it does not matter now that job's bill can not get through the senate.
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ClarkUSA Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 10:06 PM
Response to Reply #6
7. Yes, that's what it means.
But passing the jobs bill would really make this economy heal faster than anyone could hope for.
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DCBob Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-28-11 12:33 AM
Response to Reply #6
9. Yes, plus maybe the Euros might get back on track.. this is starting to look like.. dare I say it...
Edited on Fri Oct-28-11 12:59 AM by DCBob
a recovery.
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Zyzfyx Donating Member (214 posts) Send PM | Profile | Ignore Thu Oct-27-11 10:52 PM
Response to Original message
8. That's good
If unemployment could decline by 0.1% over the next twelve months, it would be a powerful weapon in Obama's electoral arsenal.
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RichGirl Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-28-11 06:56 AM
Response to Reply #8
10. Done....
Gallup Finds Significant Drop in Unemployment During October-9% to 8.3%(this didn't happen last Oct)
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Cigar11 Donating Member (276 posts) Send PM | Profile | Ignore Fri Oct-28-11 07:02 AM
Response to Original message
11. The GOP will fix that ...
I'm sure the GOP will do whatever those Country First Republicans want in order to achieve their #1 GOAL! and it sure as hell isn't Jobs for Americans.
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