Upbeat Economic Signals
Since the media and financial press thrive on pessimism and sensationalism, some of this week's upbeat economic news may have been overlooked, including:
1. The service sector showed surprising strength in April.
2. Productivity grew faster than expected.
3. Consumer credit held up strongly.
Vanguard's Economic Week in Review, available by clicking here, provides a helpful summary of these and other economic reports.