More economic good news

by on November 9th, 2003

On the economy front, things are looking up for the fourth quarter as well.

Treasury Secretary John Snow said on Sunday he is encouraged about prospects for further U.S. economic growth in the fourth quarter as U.S. businesses restock sharply depleted inventories ahead of the holidays.

“We had a tremendous depletion of inventories in the third quarter, roughly $38 billion of inventories that were used up, taken out of the pipeline, and they need to be replenished,” Snow said in an interview.

Democrats still have yet to talk about the economy since the good news started rolling in. Bad news is good news for them, and no news from their mouths is good news for the rest of us.

Etalkinghead Staff