Name:   GoneFishin - Subject:   Hey Doom and Gloom Date:   10/30/2014 3:55:45 PM

Arch is too busy earning a living to respond. However, I will keep it simple so even Right can understand:

From FOX:

New claims for unemployment benefits increased by 3,000 last week to 287,000, the U.S. Labor Department reported Thursday.

Despite the slight increase, which countered analysts' expectation of a drop to 281,000, jobless claims remain at historically low levels, reflecting a strengthening labor market.

New claims have remained below the 300,000 threshold for seven straight weeks for the first time since the end of the Great Recession.

From Bloomberg

Amidst global economic instability, the U.S. economy continued to grow in the third quarter. Its gross domestic product grew at an annual rate of 3.5 percent, beating the consensus estimate of Bloomberg-surveyed economists, who called for an expansion of 3 percent.

The released Thursday is the Commerce Department’s first estimate of economic growth for the July through September period; it’ll issue two more estimates that reflect updated data. This quarter’s growth was buttressed by household spending, exports, government spending and what’s called nonresidential fixed investment, or plant construction and equipment purchasing.