Posted on 12/08/2017 4:48:58 AM PST by IBD editorial writer
The number of people filing for unemployment benefits last week came in "unexpectedly" low. Instead of 240,000 claims, there were 236,000, which marked the third week in a row this number has dropped.
That's not a big deal in the grand scheme of things. It's just one measure, after all, and the differences aren't huge.
Except it adds to a pile of "unexpectedly" good economic reports that have been coming out these days.
ADP reported that payrolls "unexpectedly" climbed 190,000 in November, while analysts had predicted 185,000.
Consumer confidence "unexpectedly" hit a 17-year high in November.
Labor costs "unexpectedly" fell in the third quarter while productivity surged. Economists thought costs would edge up by 0.3%.
Retail sales in October "unexpectedly" rose. Economists had expected them to be flat.
These are pulled just from headlines of the past few weeks.
(Excerpt) Read more at investors.com ...
Sure they do, but they also have an agenda, which is all that matters to them.
Also that when the are reported, some time in the future they are not always down graded. Obammy was such an ass.
Earlier this week, Obama was trying to take credit for it.
Too bad there are too many videos of his ‘new normal’ for the economy and other things.
As the economy beats expectations, homelessness is now one of the major daily headlines.
College students are spending nights in cardboard boxes so they can ‘feel’ homeless. Last night in this area it was about 12-degrees F.
Have you seen the latest PEW numbers. More voters are worried about sexual scandals than the economy. WTF? Despite all the good economic news Trump has 63% disapproval. And when asked what it is voters do not like, well, most don’t have a specific reason, but the reasons after that is ALL style.
Based on that the perfect President would be Jimmy Carter.
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