Here are the facts:
The US economy has now added more than a million net new jobs over the last three months. This was the best 90 days’ worth of hiring since 1997.
More jobs were created in 2014 than during any year since 1999.
759,000 people just joined the labor force and there was no post-holiday seasonal decline – it may be that temporary workers are sticking.
Average hourly wages rose .5% in January.
The cost of living has only risen .8% over the last year while wage growth has outstripped it, rising by 2.2%.
21 of 50 states put through minimum wage hikes, including populous ones like NY, FL and NJ.
US energy consumers have received a cumulative $14 billion tax cut (and counting) as a result of the oil price decline since June.
Consumer confidence just smashed through the highest level since August 2007. Consumers are saying their “present condition” is the best it’s been since January 2008.
Auto sales rose 14% in January 2015 versus 2014, with 1.15 million vehicles sold in the US. Auto sales are now on an annualized pace of 16.6 million vehicles, the highest rate since 2006.
In December, commercial loan demand grew for the first time since June. Consumer loan applications and approvals are also expanding with dirt-cheap borrowing costs at levels that were previously unimaginable.
Single-family housing starts jumped 7.2% in December to an annual pace of 728,000. This is the best level for new home groundbreaking since March 2008. There’s more on the way – single-family home building permits rose 4.5% to their highest level since January 2008.
20% of consumers report that “jobs are plentiful” versus just 25% who say that jobs are hard to find. The differential between the two was cut in half between December and January, from -10 to -5, and shrinking.
96% of Americans with 401(k) accounts are actively participating and the average savings rate is 12% of salary (Fidelity). Among employees contributing to a 401(k) for ten years or more, the average balance is $248,000, up 11% from the end of 2013. The average balance across all 401(k) accounts is now over $100,000 and it has doubled since the end of 2008 (Vanguard).
US household net worth hit $81.5 trillion. This includes all stocks, bonds, properties and business values, minus any debts or liabilities. This is a new all-time record.
You’re welcome to attach any caveats to this data that you’d like to. You can qualify some or all of it. You can speculate on when any of these trends may end or whether the data comes from trustworthy sources. You can point out the various ways in which any or all of these data points are “not telling the real story” or you can dismiss the meaning of the numbers themselves when compared with A, B or C.
That’s up to you. But these are the facts.
[…] Epidemic Seems to be Slowing, But 8 More Children have DiedLibrary in the News: January 2015 EditionHere are the facts:body { background: […]
[…] pal, Josh Brown, lists some key economic facts. Not hopes, but […]
无限广告免费发,百万资源免费下,
千万流量免费享,十级提成免费拿,
有人注册就有钱,最高达120元,
两元提现,每日结算,终生都收钱。
网址:
http://5555.94zhuan.com/
——————————-
群发软件,免费下载,自动挂机,日发十万
乙未年(羊)腊月廿一 2015-2-9
“@paststat: Here are the facts: by @ReformedBroker http://t.co/hGaqlluzfd”
Sounds just like 2007
RT @anilvohra69: “@paststat: Here are the facts: by @ReformedBroker http://t.co/hGaqlluzfd”
Sounds just like 2007
US Economy FACT: More jobs were created in 2014 than any other year since 1999. http://t.co/T8iii8z7TW
RT @BasonAsset: And yet millions will scream that it’s all fake: @ReformedBroker Here are the facts: http://t.co/FLukEvmts8
RT @ReformedBroker: Here are the facts: http://t.co/3wZNdjQvBL
RT @BasonAsset: And yet millions will scream that it’s all fake: @ReformedBroker Here are the facts: http://t.co/FLukEvmts8
Can twitter please put a lasting pointer to this, until election day 2016? RT @ReformedBroker: Here are the facts: http://t.co/i8E3RMev3J
RT @ReformedBroker: Here are the facts: http://t.co/3wZNdjQvBL
RT @BasonAsset: And yet millions will scream that it’s all fake: @ReformedBroker Here are the facts: http://t.co/FLukEvmts8
RT @BasonAsset: And yet millions will scream that it’s all fake: @ReformedBroker Here are the facts: http://t.co/FLukEvmts8
RT @BasonAsset: And yet millions will scream that it’s all fake: @ReformedBroker Here are the facts: http://t.co/FLukEvmts8
RT @asibiza1: US Economy: Just the basic facts….can you tell me where it hurts? @ReformedBroker http://t.co/WlnydOr3pW