Hurray! This essentially menas people think the economy is doing well, which it is. According to the article, industrial production has picked up since a .1 percent slump in January. As well, there has been a climb in housing valuation, to be accompanied by lower mortgage rates. For more good news, stocks are climbing, improvements in the labor market are becoming apparent.
The article talks of only a few headwinds. Consumers are expecting inflation to increase to 3 percent, as opposed to 2.9 percent in the previous month. As well, President Obama's new policy is raising payroll tax to the 2010 level of 6.2 percent.
Although there are some negatives to come, things could be looking up.
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