Something weird is happening with the economic data in September: It's okay! Datapoint after datapoint screams: The economy is mediocre, but it's not collapsing.
For example...
The September jobs report was a lot better than the August jobs report.
Rail traffic is growing.
Car sales were downright HOT in September.
Retail sales? Check.
Construction spending was fine too.
There was certainly some weak data, as things are not amazing, but the numbers haven't been heart-stopping the way some of the August numbers were (like that goose-egg jobs report, which later got revised higher). So what's going on?
Find out the answer at: http://www.businessinsider.com/the-hot-new-theory-about-whats-happening-to-the-economy-2011-10
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