Economic Indicators Speak Volumes

The economy seems to be quietly making a turnaround. New jobless claims, which consist of newly unemployed persons, fell this month to its lowest level in over a year. The number of newly unemployed persons went to slightly over 466, 000 persons. In addition, the level of persons on unemployment benefits went to its lowest mark since February 2009 at 5.4 million Americans.

Additionally, housing prices are up for the fourth consecutive month and serve as an additional sign the nation’s economy is waking up. Although housing prices are lower than last year this time, durable goods orders are lower than expected, and a steady increase of gas prices, any trace evidence of positive movement of the world’s largest economy is enough to promote investment in the nation again… translating to more jobs and economic growth for all…hopefully sooner than later.

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