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There was no surprise with the announced third-quarter GDP for the U.S. economy (+3.5%), however, there was some personal disappointment for me. Full Article at ETF Investor
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America’s unemployment rate pushed through the 10 per cent mark in October for the first time in 26 years. Full Article at Times Online
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For the second month in a row, Canada's gross domestic product fell short of economist expectations. With the consensus looking for between flat and marginal 0.1% growth for August, Canada's economy instead shrank by 0.1%. Full Article at Financial Post
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effect has been not so much in creating jobs but saving positions for teachers, firefighters and other public-sector jobs. And he warned that Utah unemployment may still rise. Full Article at Salt Lake Tribune
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--- Bernard Baumohl, economist, Economic Outlook Group: Fueling this latest spurt in growth was consumer spending, which jumped at a 3.4% pace, the biggest increase since the first quarter of 2007. Full Article at Los Angeles Times
