http://articles.moneycentral.msn.com/Investing/Dispatch/market-dispatches.aspx?post=1811117&_blg=1,1811117- Fewer people seeking unemployment benefits
- GDP grew more than previously estimated
The U.S. economy expanded by 1.7% in the second quarter, according to the Commerce Department's third and final estimate. Economists had expected the previous estimate of 1.6%, which was cut from 2.4%, to remain unchanged, according to Briefing.com. Still, growth slowed from the 3.7% rate in the first quarter.
The Labor Department said the number of initial jobless claims fell by 16,000 to 453,000 during the week ended Sept. 25. Economists surveyed by Reuters had estimated that 460,000 claims were filed.
Ever since Obama took charge, things have been turning around and recovering.
Do we want the Republicans to come back to power in 5 weeks?
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