Reason for good cheer. The Wall Street Journal reports that:
The U.S. economy posted its strongest growth in more than a decade during the third quarter, supported by robust consumer spending and business investment. Gross domestic product grew at a seasonally adjusted annual rate of 5.0% in the third quarter, the Commerce Department said Tuesday. That was up from the second quarter’s growth rate of 4.6% and the strongest pace since the third quarter of 2003.
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