kelroy55
12-23-2014, 01:29 PM
A couple items of good news....
More than 6 million Americans in total have enrolled for individual insurance plans for 2015 through HealthCare.gov, Department of Health and Human Services Secretary Sylvia Burwell said on Tuesday. .......... it's good to see more people getting health care insurance.
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Gross domestic product soared 5% on an annual basis in the third quarter, the government said on Tuesday.
To put that in perspective, it's the strongest quarter of growth since 2003.
"Other than the first quarter's weather-induced contraction, there's no doubt the economy has been great this year," said Dan Greenhaus, chief global strategist at BTIG.
Growth came across the board with business investment, consumer spending, housing, exports and government spending all showing signs of strength.
Feeling more confident, consumers ramped up their spending to a healthy pace of 3.2%, compared with previous estimates for 2.2%. With gas prices remaining low, many expect that trend to continue through the holidays.
"Consumer spending north of 3% is pretty darn good these days," said Greenhaus.
More than 6 million Americans in total have enrolled for individual insurance plans for 2015 through HealthCare.gov, Department of Health and Human Services Secretary Sylvia Burwell said on Tuesday. .......... it's good to see more people getting health care insurance.
************************************************** ************
Gross domestic product soared 5% on an annual basis in the third quarter, the government said on Tuesday.
To put that in perspective, it's the strongest quarter of growth since 2003.
"Other than the first quarter's weather-induced contraction, there's no doubt the economy has been great this year," said Dan Greenhaus, chief global strategist at BTIG.
Growth came across the board with business investment, consumer spending, housing, exports and government spending all showing signs of strength.
Feeling more confident, consumers ramped up their spending to a healthy pace of 3.2%, compared with previous estimates for 2.2%. With gas prices remaining low, many expect that trend to continue through the holidays.
"Consumer spending north of 3% is pretty darn good these days," said Greenhaus.