Great News! The USA economy accelerated in 2q08

Well that's a weight off my mind, cos all that talk about the US in recession might have started to affect the junior mining sector down here, not to mention exports.

Isn't it refreshing to think that US unemployment can rise so fast and the country just keeps on growing? Maybe they should lay off another couple percent of the workforce and get growth over 5%.

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Economy rebounds in 2Q, mostly spurred by exports

Thursday August 28, 8:52 am ET
By Jeannine Aversa, AP Economics Writer

Economy rebounds at better-than-expected pace in the spring, mostly spurred by exports

WASHINGTON (AP) -- The economy shifted to a higher gear in the spring, growing at its fastest pace in nearly a year as foreign buyers snapped up U.S. exports and tax rebates spurred shoppers at home.The Commerce Department reported Thursday that gross domestic product, or GDP, increased at a 3.3 percent annual rate in the April-June quarter. The revised reading was much better than the government's initial estimate of a 1.9 percent pace and exceeded economists' expectations for .......yada yada etc etc