How can this be? As I reported yesterday, US corporations are investing in buying back their own stocks, not in new business ventures that produce new jobs. http://www.paulcraigroberts.org/2014/10/02/poverty-report-contradicts-gdp-claims-paul-craig-roberts/
According to the Census Bureau's Poverty Report, US real median family income has declined to the level of twenty years ago.http://www.census.gov/content/dam/Census/library/publications/2014/demo/p60-249.pdf
Consumer credit and real retail sales are not growing. Construction is limited to rental units. Construction shows 16,000 new jobs, half of which are "specialty trade contractors" or home remodelers.