Friday, stocks were crushed yesterday. There was no news that would account for the big drop.
New claims for jobless benefits declined.
Truck freight volume and prices are rising.
The attached article is a good summary of the current condition and the outlook for the economy.
Pull quote from the article:

“Surging inflows of new business helped propel service sector activity higher in August, with the sector growing at its fastest rate for almost one and a half years. Firms were often left struggling to meet demand and, despite taking on extra staff at a pace not seen for over six years, backlogs of uncompleted work accumulated at a rate exceeding anything recorded since 2009. The increase in backlogs of work bodes well for robust output growth to persist into September.
“Combined with the stronger picture emerging from manufacturing in August, the improved performance of the vast service sector adds to signs that the third quarter will see an impressive rebound in the economy from the collapse seen in the second quarter."