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The U.S. labor market has been one of the brightest spots in a long recovery marked by sluggish growth.
GDP advanced at a 3.2% clip in the third quarter - it was the strongest quarterly reading in two years after three straight quarters of sub-2% growth.
U.S. households, benefiting from rising incomes and subdued inflation, are spending steadily, and early signs point to a solid holiday shopping season.
Home prices have climbed back above the record reached more than a decade ago, bringing to a close the worst period for the housing market since the Great Depression.
Source : Deutsche Asset & Wealth Management
