The final reading on third quarter GDP showed the economy expanded at a rate of 4.1% year-over-year. While inventories did account for a significant part of the jump, analysts cheered the growth in personal consumption. Federated Investors Portfolio Manager Linda Bakhshian tells TheStreet's Joe Deaux that she is optimistic the U.S. economy will grow at a healthy clip, and adds that she thinks there's much room for the housing sector to grow in 2014.

More from Video

Video: Jim Cramer on Trade Tariffs, Rising Rates, Kimberly Clark and Hasbro

Video: Jim Cramer on Trade Tariffs, Rising Rates, Kimberly Clark and Hasbro

Video: Stop Using Student Loan Money to Buy Bitcoin

Video: Stop Using Student Loan Money to Buy Bitcoin

Let the Najarian Brothers Crash-Proof Portfolio

Let the Najarian Brothers Crash-Proof Portfolio

Learn Options Trading from the Najarian Brothers, the Best in the Business

Learn Options Trading from the Najarian Brothers, the Best in the Business

Jim Cramer: Kimberly Clark's Quarter Was Better Than Procter & Gamble's

Jim Cramer: Kimberly Clark's Quarter Was Better Than Procter & Gamble's