GDP report: U.S. Growth doubles in 3rd quarter

GDP report: Growth picks up – Oct. 27, 2011.

The revised GDP annual growth is 2.5% in the 3rd. quarter up from 1.3% in the 2nd quarter.

U.S. Consumer spending increased to an annual rate of 2.4% from only 0.7% in the second quarter of 2011.

If this pace is maintained, there is hope that the U.S. economy will improve enough to have job growth.