America is heading for a boom, say experts

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The good news is that the US economy grew at a 5 percent annual pace in the third quarter this year, revised up from the 3.9 percent that the Commerce Department had previously estimated. It’s the best quarterly growth since 2003, and, on the heels of the 4.6 percent growth in the second quarter, it’s also the best six months the economy has had in that long. The even better news, though, is that this growth, unlike every other uptick the past few years, looks sustainable. In other words, it isn’t a blip. It’s a boom.

Posted in: Infographic of the day

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