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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread
VTI 334.36-0.3%Dec 16 4:00 PM EST

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From: Investor22/8/2012 7:19:57 PM
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Analysis: Fears of slowdown fade as economy shows some muscle

finance.yahoo.com

WASHINGTON (Reuters) - A few months ago economists were all but certain the U.S. economy would slow sharply at the start of this year, with many warning that recession risks were growing.

That pessimism has been shaken off by a string of surprisingly solid data that paint a picture of an economy with building momentum.

The jobs market is picking up, manufacturing is accelerating and the service sector is also flexing its muscle - good news for President Barack Obama, who faces an election battle in November.
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