GDP Grew At Fastest Pace In a Year -- 2.5 Percent for the Third Quarter

Link here.

The economy grew at its fastest pace in a year in the third quarter as consumers and businesses stepped up spending, creating momentum that could carry into the final three months of the year.

Though part of the increase in output came from the reversal of temporary factors that had restrained growth, the expansion was a welcome relief for an economy that looked on the brink of recession just weeks ago.

Wow, one snapshot in time, one data point, and all that about a double dip recession is over.Who wudda thought?