Well, Folks, we knew this Recession would end some day. Today is that day. But few of USa feel it.

News Alert from The Wall Street Journal
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U.S. gross domestic product rose by a seasonally adjusted 3.5% annual rate from July through September, the Commerce Department reported in its first estimate of third-quarter economic activity. Economists had forecast 3.2% growth.

The economy's growth was the first since the second quarter of 2008 and serves as an unofficial confirmation that the longest and deepest recession since the Great Depression has ended.

The GDP gain was driven by consumer spending, which rose by 3.4%. Economists said the massive stimulus injected by the U.S. government, such as the cash for clunkers program, helped boost consumer spending.

http://online.wsj.com/article/SB125681908931715735.html?mod=djemalertNEWS

In other news:
The yacht belonging to a British couple feared kidnapped by Somali pirates has been found empty. Paul and Rachel Chandler, aged 59 and 55, of Tunbridge Wells, Kent, sent a distress signal on Friday from the Indian Ocean.


Americans are growing increasingly pessimistic about the economy after a mild upswing of attitudes in September. But Republicans haven't been able to profit politically from the economic gloom, according to a new Wall Street Journal/NBC News poll.

The survey found a country in a decidedly negative mood, nearly a year after the election of President Obama. For the first time during the Obama presidency, a majority of Americans sees the country as being on the wrong track.

Fifty-eight percent of those polled say the economic slide still has a ways to go, up from 52% in September and back to the level of pessimism expressed in July. Only 29% said the economy had "pretty much hit bottom," down from 35% last month.

http://online.wsj.com/article/SB125667589615011225.html?mod=djemalertNEWS