miss that all things are not equal...
While the "Good News" does appear to BE good for U.S...
You may, that is permissive, need to look at the last chart.
That tells U.S. that we bought lots a cars and "stuff" for ourselves.
Shifting from savings to spending.
What you should also note is that "inventory spending" is up...
bcuz we bough more in the prior months...
cutting the backlog inventories, that needed to be replaced.
Also, please note that this is month over month.
Due to the fact that when we went down, we went WAY down.
a small %age increase is NOT putting U.S. back where we were.
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US GDP increased at annualised 3.2% rate in the first quarter of 2010
after increasing 5.6% in the fourth quarter of 2009
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Economy grows for third straight quarter
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Consumers Boosted GDP In Q1
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