Posted on 11/28/2002 3:23:10 PM PST by mdittmar
The economy appears to be emerging from its late-summer funk, easing concerns about a possible double-dip recession. In a pre-Thanksgiving blizzard of reports, the government said yesterday that new claims for unemployment benefits fell to a 21-month low last week. Consumer spending in October shot up at the fastest clip in three months, and orders to U.S. factories for big-ticket durable goods increased for the first time in three months. Article
This is why Daschle wanted to extend unemployment payments a second time--so the numbers would look bad.
Pray for GW and the Troops
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