
My thoughts: It does not look like a recession that we keep hearing about.
Economics, as a branch of the more general theory of human action, deals with all human action, i.e., with mans purposive aiming at the attainment of ends chosen, whatever these ends may be.--Ludwig von Mises
GDP, the broadest measure of the nation's economic activity, stood at an annual rate of 3.3% in the quarter, adjusted for inflation, the Commerce Department said.
Economic growth between 2.5% and 3.5% is typically viewed as the norm for a healthy economy.
read the CNN story