Back here in the U.S., personal income growth accelerated to 0.5 percent in August, the largest increase this year, which helped propel a solid 0.4 percent increase in spending by individuals. The stock market completed its best September since 1939 as the Standard & Poor's 500 index rose 9 percent, the Dow rose 8 percent and the NASDAQ composite index gained 12 percent.
The U.S. and global economies face daunting challenges, but the latest batch of data puts the chances of a double-dip recession further in the rearview mirror.
Source: Grubb & Ellis Research
The U.S. and global economies face daunting challenges, but the latest batch of data puts the chances of a double-dip recession further in the rearview mirror.
Source: Grubb & Ellis Research