The Bush economy continues to chug along like the little engine that could despite the woeful prognostications of those who, perhaps for political purposes, seem to prefer to see it bogged down in the mire of recession:
The economy sprang out of a year-end rut and zipped ahead in the opening quarter of this year at a 5.6 percent pace, the fastest in 2 1/2 years and even stronger than previously thought.
The new snapshot of gross domestic product for the January-to-March period exceeded the 5.3 percent growth rate estimated a month ago, the Commerce Department reported Thursday. The upgraded reading - based on more complete information - matched economists' forecasts.
No doubt Paul Krugman at the New York Times will manage to find the bad news in this somehow.
