GDP UP, Private Sector Adds 10,000 Jobs, What Recession?

Reuter’s reports today that the GDP rose an annual .6% for the first quarter, beating the estimation of .2%.  Meanwhile, the private sector added 10,000 jobs to their payrolls.  This may hold off the nay-sayers for a bit, but they’ll be back.  Good news for our economy abounds weekly, yet it gets a quick mention at best, then it’s on to the doom and gloomers to warn us a recession is just around the corner…  and my tax rebate comes this week.  Once these monies hit the stores, things will ramp up considerably.  

http://www.reuters.com/article/businessNews/idUSN2932297520080430?feedType=RSS&feedName=businessNews

Tags: economy, employment, GDP, good economic news