Larry Williams Drive

Perspective with Ryan Bridge: Can we appreciate the good economic news coming out?

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Sinopsis

I know you shouldn't count your chickens before they hatch, but can we just take a minute to look at the good economic news coming out? Government books aside, tomorrow's GDP read will show we bounced back with a spring in Q3 - close to 1 percent growth, they reckon. What's more, that shocking read for Q2 should be revised down because it wasn't actually as bad as the topline number we were given to begin with. Today, consumer confidence is on the rebound. This is according to the Westpac McDermott Miller survey. It's up 5.6 points - to its highest level this year. Still slightly below 100 - which means more are still glass-half empty than full, but it's going in the right direction. As are Seek job ads and as are most of the numbers that move first when a recovery is underway.  Now, I say all of this completely aware that we've been here before and fired a blank. We've had many a false dawn and false start. But barring any major cock-ups, this recovery feels like its real and happening. The missing ingr