Contributors

Tuesday, September 04, 2012

A North Carolina Primer

It's the Democrats turn this week and you can be certain that you will hear a lot about how we are better off now than we were four years ago. Here's why, with the most current information.
  • The government reported Thursday that Americans spent at the fastest pace in five months in July, and personal income rose as well.
  • Home prices rose in the first half of 2012 for the first time in nearly two years. Sales of both new and previously occupied homes also are up. 
  • Employers added 163,000 jobs in July, the most since February. 
  • U.S. exports, retail spending and factory production are all up.
Something else I hope the Democrats will highlight is this. 

Applications, a proxy for future work, rose to an 812,000 annual rate, exceeding the highest estimate of economists surveyed by Bloomberg and the most since August 2008. “Housing is one of the bright spots in the economy,” said Ryan Sweet, a senior economist at Moody’s Analytics Inc. in West Chester, Pennsylvania.

This simple fact alone shows that the economy is turning around and the president has helped our country towards that end.

Expect to hear more about these facts throughout the week.

1 comment:

rld said...

http://news.investors.com/ibd-editorials/090412-624523-were-not-better-off-under-obama.htm