Monday, September 04, 2017

Happy Labor Day 2017: A 3% GDP sounds good!

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We wish you a very happy Labor Day.    

We are happy to say that the US economy is in that 3% GDP territory that we've wanted for quite some time:    
The U.S. economy grew faster than initially thought in the second quarter, notching its quickest pace in more than two years, and there are signs that the momentum was sustained at the start of the third quarter.
Gross domestic product increased at a 3.0 percent annual rate in the April-June period, the Commerce Department said in its second estimate on Wednesday. The upward revision from the 2.6 percent pace reported last month reflected robust consumer spending as well as strong business investment.
Put a burger on the drill and let's have one to celebrate good economic news!

P.S. You can listen to my show (Canto Talk) and follow me on Twitter.









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