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Don’t Look Now, But Good Times Continue

Don’t Look Now, But Good Times Continue

These statistics are from Citizen’s Private Bank & Trust:

• The economy showed growth in Q4 2013, better than expected, despite a government shutdown, Federal Reserve uncertainly, and the new healthcare system.

• GDP (Gross Domestic Product) was revised up from 2.8% to 4.1% in the third quarter.

• The manufacturing sector is dramatically improving. The ISM index has improved every month since mid-2013, correlating with increased job growth.

• Consumer confidence had increased at year end to 78.1 after two straight declines. Spending and income growth for consumers are improving at modest rates.

• The consistent, average monthly gain for non-farm jobs is almost 200,000.

• Inflation is well below worrisome levels.

No, things aren’t perfect, but they are looking pretty good.

Written by

Alan Weiss is a consultant, speaker, and author of over 60 books. His consulting firm, Summit Consulting Group, Inc., has attracted clients from over 500 leading organizations around the world.

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