Wallets are opening, despite what the consumer confidence reports say.
At this point in the cycle, government data is particularly susceptible to noise (including the weather).
The sub-3% consensus real GDP forecast isn't looking consistent with earnings growth expectations of 30% or more in 2010.
The market may find reasons to stall in the short term, but a strong economy and powerful corporate earnings cycle will be key drivers in the long run.
Even though manufacturing is a smaller part of the economy than it used to be, it will propel the economy forward.
Some analysts worry that this week's GDP results could be too much of a good thing. Don't believe it for a second.
But next week's GDP could provide a psychological lift.
Why the CPI could increase more than expected in 2010.
By the time all the data confirming an economic recovery comes in, most of the easy profits have been made.
There are several clear reasons why employment should get better from here on out.
The holiday season might have been a bit brighter than many had anticipated, says Morningstar's Bob Johnson.
We could bolt ahead for two or three more quarters just from relatively visible catalysts.
Positive personal income data is exceptionally important at this stage of the recovery, says Morningstar's Bob Johnson.
Morningstar's Bob Johnson on positive news in tech and transportation, strong signals in production data, housing's room to run, and the inflation picture.
Some early-cycle favorite indicators are stalling out, while others are jumping to life.
Ten answers on the economic recovery, stimulus, jobs, the outlook for 2010, and the upside left in the market.
Friday's great numbers were not a one-time fluke, says Morningstar's Bob Johnson.
It all comes down to when those with jobs, and those with limited debt, have the confidence to spend more of their incomes.
More indicators turn positive, but potential commercial real estate and small business issues loom.
Several data points all suggest huge medium- to long-term potential for the U.S. economy from today's levels.
The third-quarter GDP jump was more than smoke and mirrors.
The market has turned a deaf ear to a plethora of positive earnings announcements.
Forget the noise, all signs point to 3.5%-4% GDP growth in the second half of 2009.
Things looked up this week on the data front, but there will still be bumps on the road ahead.
Economic data will continue to be uneven, but keep your eye on the improving trend.
The fall in the ISM index this month doesn't necessarily mean the recovery is stalled.
Historical data show the worse the economic decline, the stronger the recovery.
Much of the economic recovery has been under the surface so far; that's going to change.
Even though the economy hasn't been given the official 'all clear,' data confirm the contraction is over.
Strength in China and a weaker dollar could help reboot the U.S. manufacturing sector.
The pattern of improvement has played out a little differently than expected.
After months of improving macro-level data, individual firms are getting in on the act and reporting better conditions on the ground.
Consumers are forgoing trips to the mall--to pay off credit cards.
The consumer numbers were not encouraging this week, but don't get whip-sawed by short-term data.
The spike in productivity is a good indicator that the end of the recession is at hand.
The data almost uniformly moved in the right direction this week.
The economic data this week pointed to an economy at its bottom; growth should materialize in the back half of the year.
The economy has turned the corner, and the early stage of the economic recovery will be stronger than many are currently anticipating.
Though indicators are still mixed, the economy looks on track to begin its recovery in the second half of the year.
The market is too focused on declines in lagging indicators and is missing the improvements in indicators that tend to lead us out of a recession.
Government and consumers with jobs will need to ramp up spending to end the vicious cycle.
Focusing on each tick of an economic indicator may hide the fact that the overall economic picture is improving.
Our take on this week's economic indicators.
Friday's number may have finally burst the dam.
With employment and inventory cut to the bone, there could be some scrambling in the manufacturing sector amid a recovery.
This week's economic reports show the re-emergence of green shoots after last week's disappointing numbers.
The auto industry may continue to play havoc with economic indicators and potentially the real economy.
The economy doesn't usually move in a straight stair-step fashion each month.
Positive employment news leads us to believe that the economy is bottoming.