The Biden Economy

[Chicks]

US labor market resilience keeps economy afloat as year ends
https://finance.yahoo.com/news/us-we...135314707.html

The smaller-than-expected increase in weekly jobless claims reported by the Labor Department on Thursday followed recent data showing retail sales unexpectedly rising in November, while single-family housing starts and building permits scaled 1-1/2-year highs. Those reports prompted economists to boost their growth estimates for the fourth quarter.

The economy had appeared in danger of stalling at the start of the quarter. There was even more good news on inflation, with other data on Thursday showing significantly more progress made toward returning it to the Federal Reserve's 2% target in the third quarter than previously reported.

"There is plenty to cheer about the economy, and next year should be even better as the Federal Reserve takes the brakes off the economy now that inflation is going their way," said Christopher Rupkey, chief economist at FWDBONDS in New York.

Sorry for all the great economic news, Whell. I know it pains you idiot MAGAMorons! Lol.