Here’s the data, below will be some commentary from around the econoblogosphere.
Market seems happy as of this morning…
Consumer Senitment: The Reuters/University of Michigan Consumer Sentiment Index came in at 74.4 for January, up from 72.8 in December and ahead of consensus expecations of 73.0.
GDP: The economy grew for a second straight quarter from October through December, posting a 5.7 percent annual rate, the fastest pace since the third quarter of 2003.
5.7% Advance Q4 GDP Blows Out Estimates: Inventories Add 3.39% (Zero Hedge)
Economy in U.S. Grew at 5.7% Pace, Most in Six Years (Bloomberg)
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