The US ecomomy has been consistently out performing every other economy on the planet. No one seems to have informed the MSM. You wouldn't know from the news coverage just how well the economy is performing. Meg Kreikemeier over at TCS noted both the strong performance and the weak coverage.

TCS Daily - Strong Economy, Weak Coverage

With the advent of a new chairman of the Federal Reserve Board, many are contemplating the health of the economy and future actions needed by the Fed. So how is the economy doing, and has the coverage of its recovery been balanced? Consider some healthy economic results which were released in late November and early December 2005:

* The Gross Domestic Product (GDP), a key measure of economic expansion and contraction, increased by 4.3 percent in the third quarter in spite of the devastating hurricanes. Since the second quarter 2003, GDP has grown over 3 percent each quarter.

*The November unemployment rate was 5 percent, where the rate has been hovering since May. (The unemployment rate has since dropped to 4.7% in January).

* Continuing the solid monthly trend in 2004, 215,000 jobs were added to the economy in November.

* Productivity, an indicator of rising living standards, rose more than expected during the third quarter and increased at its highest rate in two years.

*Factory orders and orders for durable goods increased by 2.2 percent and 3.7 percent, respectively, in October.

*A survey of America's leading CEOs, the Business Roundtable's CEO Economic Outlook Survey, showed that they expect "broad strength in the economy moving into 2006." The CEO Economic Outlook Index for December 2005 was at 101.4. The index is "centered on 50, which means anything above 50 is expansion and anything below 50 is contraction."

So where were the golwing headlines about the economy?