This chart shows the US economy is enjoying a growth spurt right now

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“The US economy is enjoying a major growth spurt, entering the second half of the year with very strong momentum,” says Markit’s Chris Williamson.

According to a report by the research company, the latest figures are the strongest rate of output growth since  October 2009.

“Some of this growth represents a rebound from the weather- related disruptions of the first quarter,” said Williamson, “but there is a clearly underlying groundswell of rising demand for both goods and services.”

Here are the scores on the doors:
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High five! But who benefits? Not you, according to this chart from Paul Krugman.

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Blub!

 

Posted in: Infographic of the day

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