We have that in our economy now as the following components seem to be in sync, or at least they are in my opinion.
- Pent up capital goods demand - there is lots of need to spend and buy big things, from bridges to roads (in the infrastructure arena) to fork lifts, manufacturing equipment, communicating equipment, sales tools and systems. This trickles down in a big way to household items and discretionary luxuries. UPDATE: September 5, 2012: Auto sales rise as higher gas prices, aging vehicles spur demand (Link Expired).
- Capital sitting and waiting for someplace to be spent. Huge amounts of dollars are starving for a place to go - a major contributing factor to why our interest rates are so low.
It's a great time to have business problems and be a business owner as people dream to have the problems you are about to face.
UPDATE: September 6, 2012: Someone told me today how "Office Furniture" is one of the economies leading indicators (Forward Looking) - and how hot it is NOW...
UPDATE: December 27, 2012: Jobless claims fall to lowest in almost 4-1/2 years. ~ NBCNews.com Business.
UPDATE: January 3, 2013: Businesses added 215,000 jobs in Dec., survey shows. ~ NBCNews.com Business.