Not really great news.-----U.S. GDP grew at a 4.9% annual pace in the third quarter, better than expected

Hmmm. 

Reported as "big surprise" but the estimate was 4.7% increase. 

AND, this is our "honest" government's "Advance Estimate". Notoriously optimistic and often changed later.

Also note "GOVERNMENT CONSUMPTION" is 27% of the GDP. Increased government spending is ultimately fiscal suicide. That ain't good!!!

Add in inflation, which distorts the numbers. Spending more for less AIN'T GOOD!

U.S. GDP grew at a 4.9% annual pace in the third quarter, better than expected: 

"Gross domestic product, a measure of all goods and services produced in the U.S., rose at a 4.9% annualized pace in the third quarter, ahead of the 4.7% estimate. 

The sharp increase came due to contributions from consumer spending, increased inventories, exports, residential investment and government spending...

Link: https://fred.stlouisfed.org/release/tables?eid=155790&rid=269