Home sales up

WASHINGTON (MarketWatch) -- Pending home sales rose 5.2% in October in the most recent data signaling a recovering housing market, the National Association of Realtors reported Thursday.

Jobless claims fell more than expected

New claims for unemployment benefits fell last week to 393,000 last week from an upwardly revised 416,000 the week prior. Claims were expected to fall to 390,000 from an initially reported 410,000.- FoxBusiness

Consumer confidence up

US consumer confidence index rises to 73.7 in November, highest level since February 2008 - @AP

Biggest UK retailer up 11 per cent this week, biggest November ever

This further emphasizes the disconnect between what governments are saying about their economic affairs and what people are saying about theirs, and it's not just in the United States.

The "economists" need to take a step back and figure out what is going on. They are mired in jargon and old-school ways of looking at things. They frame their narrative to meld with their inherent biases. It serves no one.

Consumer CONFIDENCE is up

Survey of US consumer confidence rose in October to highest level since February 2008 - @AP

US manufacturing up

The Institute for Supply Management Manufacturing PMI gauge rose to 51.7 in October from 51.5 in September, the highest reading since May. The index was expected to fall to 51.2. Readings above 50 indicate expansion while those below indicate contraction. - FoxBusiness