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.