As consumption increases this year, we could easily see GDP go higher.
Inflation is still low - so far. The Big Ugly is still coming though.
Read the whole report. It'll cheer you up.
Stay long the stock market. Get rich.
* * * * * J B K * * * * *
San Francisco
Feb. 26 (Bloomberg) -- The U.S. economy expanded at a 5.9 percent annual rate in the fourth quarter, more than the government reported last month, reflecting stronger business investment and a greater contribution from inventories.
The rise in gross domestic product, which exceeded the median forecast of economists surveyed by Bloomberg News, marked the best performance in more than six years, the Commerce Department said today in Washington. Inventories added 3.88 percentage points to GDP, more than previously reported, and investment in software and equipment grew at the fastest pace in almost a decade.
http://www.bloomberg.com/apps/news?pid=20601068&sid=al3FNswDlTkw
