SocraticGadfly: Economic good news, it seems

December 20, 2011

Economic good news, it seems

I won't link to the stories, because they're getting splashed everywhere. But, first, November unemployment fell in 41 of 50 states as part of the national drop to 8.6 percent. Second, albeit primarily due to apartment construction, the housing industry is set to be part of the solution, not part of the problem, for the economy for the first time since 2007. Third, a Gallup Poll notes that Americans not only expect to spend more than 10 percent more on Christmas this year than last year, but personally feel more confident about making such spending, not just having a "generic" increasing confidence for the economy in general.

We've still got a ways to go. But, this is a start.


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