The FED estimates higher Q4 GDP

The US Central Bank is raising its 4th Quarter GDP estimates

Rising US Business Confidence

The ISM survey reflects the confidence of supply chain managers throughout the US Economy in the service and manufacturing sectors. Service activity did cool, but that cooling came from the highest levels in two years. Manufacturing activity showed some life, rising from the lowest levels in the past two years. The lack of correlation between sectors should be perceived as a positive development because it indicates a mix of rising demand within the US economy.