Rep. Jim Cantwell

Representing Marshfield & Scituate, Massachusetts

Notes

We could all use some good news about the economy. Here’s some information from today …

“Fed more bullish on recovery

Central bank raises economic growth forecast, trims unemployment rate estimate.”

http://money.cnn.com/2009/11/24/news/economy/fed_minutes/index.htm

“Economic Rebound Might Be Here to Stay”

WASHINGTON—A flurry of good news this week — including falling jobless claims, stronger consumer spending and higher new-home sales — suggests the economic rebound, modest though it is, might just be here to stay.

While analysts caution that the recovery will be too sluggish to stop the unemployment rate from rising, the reports are at least encouraging enough to calm fears of a dreaded “double-dip” recession.

http://www.boston.com/business/articles/2009/11/25/weekly_jobless_claims_drop_below_500000/