This Is The Biggest Economic Story In The World

This is really the big story of the moment: The full-on comeback in everything related to consumers and households.

Let’s just break it down really fast.

1. New housing starts are shooting straight up.

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2. Retail sales growth: Re-accelerating.

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3. The Unemployment Rate: Collapsing (according to the government).

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4. And the unemployment rate is collapsing according to Gallup.

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5. And car sales are surging.

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6. Revolving Consumer Credit. Back to growth.

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7. Gallup Economic Confidence is the best since May.

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8. Consumer discretionary stocks surging towards all-time highs.

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9. Homebuilder stocks highest since 2007.

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10. Wal-Mart has finally busted out, and surged past its 2000 high.

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11. Even more impressive: Home Depot! Surging to multi-year highs.

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12. University of Michigan Consumer Confidence hits a 5-year high.

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Photo: Scotty Barber, Reuters

13. Restarant owners are saw a recent spike up in their outlook (they’re a great measure of consumer discretionary spending.

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14. Case-Shiller home prices are clearly on the rise.

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Something really big is under way!

SEE ALSO: The biggest dichotomy in the US economy >

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