Innovest's November Market Commentary

The Economy

The U.S.

The economy is getting a bit better in the United States and the macro trajectory has begun to improve modestly: elections, the fiscal cliff and political headlines aside.  At the end of November, U.S. third quarter GDP was revised higher to 2.7%.  Stronger U.S. exports and an increase in inventories pushed up the number from an originally estimated 2.0%.  Still, the economy’s growth is far from robust.    

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