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Still, despite the rosy data, some investors remain concerned that the ebullience of Wall Street's rally is out of step with the slow pace of renewal.
There is a flip side to this rosy data, however.
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This preference for rosier data sums up the conflicted attitude that the United States, and virtually all free-market societies, hold toward joblessness.
Better, said the official statistics office, churning out rosy economic data.
Seoul's benchmark Kospi rose 2.1%, to 1,397.92 on rosier economic data out last week.
Just as one can interpret doom from even the rosiest economic data, it's possible to divine almost anything from the mishmash of trends in tech.
When it comes to minority entrepreneurship, the statistics do not paint a rosier picture, with data showing that less than 10percentt of tech pitches are made by minority and women entrepreneurs.
And the figures aren't all rosy -- January's data have been revised down to show orders rose by just 0.1%, not the 1.2% first estimated.
This has encouraged most economists to nudge their predictions upwards, to an annual GDP growth rate of about 7%.Already, the economic data looked rosy.
With some members on the bank's rate-setting committee favouring a 2015 rise, her guidance will do little to soothe fears of the debt-laden.Nor are the data as rosy as the QE cut suggests.
But the rosy projection, based on data collected by Colorado during an analysis of the state's legal weed economy, is contingent on federal authorities allowing the status quo to remain in place.
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