BIG news: The full-on comeback in everything related to consumers and households.

[ProfessionalLeftist]

This is really the big story of the moment: The full-on comeback in everything related to consumers and households.

Let's just break it down really fast.

1. New housing starts are shooting straight up.



2. Retail sales growth: Re-accelerating.



MUCH more GOOD economic news at link (too much to let bu$h III come back and re-destroy it now)

http://www.businessinsider.com/consumer-comeback-2012-10

[porphyrian]

1. . n/t

[postulater]

2. Dang, those Bush tax cuts finally working!

[Moosepoop]

3. Ya just KNOW the Repubs will try to claim that very thing! n/t

[Moosepoop]

4. K&R!!! n/t

[aletier_v]

5. Average depression before WW2 was four to five years

The actual downturn began in late 2005, housing inventories reversed directly, which was reflected in home builder stocks about six months later. The sub prime crash started during that period, which eventually infected everything else.

So we've passed the depression length test.

OTOH, the Great Depression was really a period of about ten years.

According to demographics methodology of Harry Dent ("The Great Boom Ahead&quot , the depression should end in 2013, with a lesser crash around 2017, then a long boom period again.

I don't see how the current debt levels and income disparity gets fixed yet, without a lot of inflation or outright default, though.

[JimDandy]

6. K & R

[ProudProgressiveNow]

7. K&R

[Egalitarian Thug]

8. Oh great, another scar on my tongue. n/t