OOD DAY FOR: Green shoots, as the U.S. economy expanded 3.5 percent in the third quarter, the first uptick in GDP in more than a year, on federal stimulus dollars starting to kick in. The rate of expansion beat expectations, although optimism about an economic recovery is tempered by anemic unemployment numbers. (Bloomberg)
BAD DAY FOR: Holiday spirits, as only 62 percent of offices are planning to throw holiday parties this year, down from 77 percent last year and 90 percent in 2007, according to Challenger, Gray & Christmas. “For companies that have recently announced layoffs or other significant cost-cutting measures, such as wage freezes, it would be difficult to justify, let alone get in the mood for a holiday party,” said CEO John Challenger. (Reuters)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- What would a U.S.-Russia war look like?
- 7 ways to be the most interesting person in any room
- Who are the real gay marriage bigots?
- Sorry Belle Knox, porn still oppresses women
- Colorado’s new ‘drive high, get a DUI’ commercials are actually pretty clever
- Why is American internet so slow?
- Watch The Daily Show mock Fox News' confused man-crush on Vladimir Putin
- What the collapse of the Ming Dynasty can tell us about American decline
- Religious liberty should be a liberal value, too
- Why states should stop limiting the alcohol content in your beer
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