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January 3, 2015

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Posted: 03 Jan 2015 12:06 AM PST

Are Happy Days Here Again for the Economy?

Posted: 02 Jan 2015 09:27 AM PST

At MoneyWatch:

Are happy days here again for the economy?: Just before Christmas Day, the Bureau of Economic Analysis updated its estimate of growth to 5 percent for 2014's third quarter, and it also revised second-quarter growth to 4.6 percent. Those very strong readings are a welcome acceleration over the very slow recovery from the Great Recession, and they've led many people to ask if happy days are here again.
Perhaps, but we have reasons to be wary as well...

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