KQEH Nightly Business Report November 30, 2016
U. S. Output, is finally picking up. Growths domestic product expanded in the third quarter, ending september 30th at an annual rate of 3. 2 , its strongest growth in two years, held by solid consumer spending. Corporate profits rebounded for a Third Straight quarter. Separately, there was a surge in Consumer Confidence this month. Index rose to a nineyear high and expectations for the next six months were the most optimistic since june of last year. Later this week comes the jobs report, which most economists think will show a nation at or close to full employment. The bottom line, the u. S. ...