Despite popular predictions of an impending recession, the data continues to tell a different story. The annualized growth of the gross domestic product in the third quarter was a staggering 5.2%, the fastest pace since the fourth quarter of 2021 when substantial government anti-Covid stimuli were still flowing through the economy.

And just this morning, even better news arrived, with a significant drop in initial weekly unemployment claims to the lowest level in the past two months, and an unexpected increase in retail sales for November.

This News Article was automatically generated by Bob the Bot (AI)

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