Jobless Claims Down, Unemployment Down, USA Growing
Jobless claims of US Management are down by 19,000 to 326,000 by the last week of July 2013. Four week moving average fell by 4500 points, which means the Dow Jones Industrial Average will reaping more profit. Slack season in auto sector continues until the market growth catches up. Unemployment rate had come down to 7.5% from 7.6%, which created jobs for 185,000 jobs.
The first quarter growth was 1.1% and the second half increased by 1.7% , which was provided by Commerce Department. Strong growth will be compounded by the rejuvenated Bond buying scheme put forward by Federal Reserve Chairman Ben Bernanke. Manufacturing sector activity rose sharply in July 2013 better than June estimate. This shows that market is growing faster with the help of Manufacturing sector.
Now Europe market will start to move up in the near future. Freddie Mac has come up with the 30 year loan rose to 4.39% better than 4.31% last week. Construction Spending down by 0.6% and Home Prices increased to 12.2%.
With all this indications, we can see that USA market is planning to move up. Invest now in all sectors and gain out of it.
The first quarter growth was 1.1% and the second half increased by 1.7% , which was provided by Commerce Department. Strong growth will be compounded by the rejuvenated Bond buying scheme put forward by Federal Reserve Chairman Ben Bernanke. Manufacturing sector activity rose sharply in July 2013 better than June estimate. This shows that market is growing faster with the help of Manufacturing sector.
Now Europe market will start to move up in the near future. Freddie Mac has come up with the 30 year loan rose to 4.39% better than 4.31% last week. Construction Spending down by 0.6% and Home Prices increased to 12.2%.
With all this indications, we can see that USA market is planning to move up. Invest now in all sectors and gain out of it.
