WASHINGTON (AP) — You
wouldn't know it from listening to the Republican National Convention,
but the nation's economic picture seems to be slowly getting a little
brighter.
Not a lot, and not very fast. Yet there are some glimmers.
But a steady drumbeat of gloom and doom is predictably being sounded at the GOP gathering in Tampa, Fla.
Nationally,
the recent gains are modest and won't do much to push the unemployment
rate down much below its present 8.3 percent level before the Nov. 6
presidential election.
The latest positive report, issued
Thursday, showed Americans spent at the fastest pace in five months in
July. Personal income rose as well.
Copyright 2012 The Associated Press.
