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View Diary: Daily Kos Elections Morning Digest: DSCC poll finds Heidi Heitkamp (D) leading ND Senate race (84 comments)

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  •  Political economy news (6+ / 0-)

    Jobless claims again are under 400k which bodes well for employment growth.

    Personal income grew at a healthy 0.4% monthly rate, although consumer spending growth for the month was somewhat anemic.  And finally, inflation still remains very low (hello Fed board, get your act together).

    •  consumer spending (1+ / 0-)
      Recommended by:
      MichaelNY

      The 3rd quarter had unusually high consumer spending given its slow reported income growth, possibly due to pent-up demand for cars following the disruption earlier in the year. The personal saving rate fell to a very low level relative to where it's been for most of the last few years, so the Oct income and consumption numbers represent a return to a saving rate more in line with the recent trend.

      SSP poster. 42, CA-5, -0.25/-3.90

      by sacman701 on Wed Nov 23, 2011 at 09:32:16 AM PST

      [ Parent ]

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