United States Economy Still Weak, but More Feel Secure – New York Times 09-27-12

Salient to Investors:

Alan B. Krueger at the White House’s Council of Economic Advisers said revisions suggest that the recession that began at the end of 2007 was deeper than initially reported, and the jobs recovery over the last 2.5 years has been stronger than initially reported.

Macroeconomic Advisers sees growth tracking at 1.7 percent for Q3.

Lydia Saad and Dennis Jacobe at Gallup said politics is playing an inordinately large role in the behavioral economic data and will do so until the election.

Nigel Gault at IHS Global Insight says the economy won’t change much between now and the election.

Read the full article at http://www.nytimes.com/2012/09/28/business/economy/economy-still-weak-but-more-feel-secure.html?nl=todaysheadlines&emc=edit_th_20120928