Washington, DC — The economy is beginning to run on all cylinders, as economic growth translates into significant job creation. Payroll employment has now increased for three straight months. Economic growth soared in the third quarter and was very broad based. Strengthening demand and well-timed tax relief lifted both consumer and business spending, while the declining dollar helped exports. Productivity continues to grow rapidly, boosting profits and wages. Analysts expect continued job gains and strong, sustainable economic growth.