Chris will have a better sense of what this really means, but it looks like we're getting some good economic news for a change:
For the first time in a year, the United States economy grew, the Commerce Department said on Thursday.
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Buttonwood reminds us that much of the deficit is due to falling revenues and not just stimulus spending: The economic news is coming so thick and fast at the moment that it is easy to miss some of the more.
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Late last week, NPD Group, Inc., a market-research firm, reported that there was good news on the economic front.
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This is good economic news (when was the last time we were able to write that?):
U.S. employers cut 247,000 jobs in July, far less than expected and the least in any month since last August, according to a government report on Friday that provided the clearest evidence yet that the economy was turning around.
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by Patrick Appel Mark Blumenthal crunches the numbers and finds that Obama sinks or swims with the economy's fortunes: The apparent relationship between economic news and the president's approval rating is not surprising.
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Yesterday, Glenn linked a comment James Taranto made in his Best of the Web column for the on-line edition of the Wall Street Journal:
Have you noticed a change in the economic news over the past year or so? It’s a deliberately ambiguous question: The actual news has gotten worse, but the coverage of it has [.
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Here’s a dreary piece of economic news: sex workers, who are normally recession proof, are feeling the pinch of the economic decline.
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Not the most encouraging economic news in a still troubled industry. It's highly likely this problem will continue to remain high, especially as unemployment increases later this year.
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Krugman eats his green shoots: "Is it just me, or has the economic news started to darken again?" Free Exchange counters: The first and most obvious point to make is that news can surprise on the downside while still trending.
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Considering the positive movement in the market on OK news, the downside today could have been much worse, though there has been a good amount of selling today.
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