by Calculated Risk on 10/31/2007 09:25:00 AM

From the WSJ: GDP Grew 3.9% in Third Quarter On Exports, Consumer Spending

Gross domestic product rose at a seasonally adjusted 3.9% annual rate in the third quarter, the Commerce Department said Wednesday in its first estimate of growth for the July-September period. GDP climbed at a 3.8% pace in the second quarter and 0.6% in the first.

Also ADP reports: ADP Numbers Show Job Market Improvement

ADP said nonfarm private employment increased 106,000 in October, following three months in which private-sector jobs grew by an average of 43,000 a month. Assuming public employment rose by 19,000 — the average monthly gain over the last year — the ADP numbers imply that Friday’s payroll report from the Labor Department will show an increase of 125,000 in total nonfarm employment.

I'll have more on investment later.