Unemployment Improves

This past Friday, the Labor Department announced a better-than-expected unemployment rate that dipped for the first time in more than a year - but 9.4% still isn't good.

Manufacturing lost fewer jobs in July but the service sector fell at a faster pace in July as unemployment and business activity took some wind out of the sails of recent momentum.

I think real estate, locally and nationally, is the largest single driving force in our economy. When houses sell, craftsmen and laborers get more work. Stores sell more appliances and furniture and other household items. Banks lend money, stimulating the financial markets. Insurance companies insure the homes and personal property in those homes. Not to mention all of the manufacturing jobs that are necessary to produce all of these items.

How about if we tell our legislators to stop spending our money on things we don't need or want and start investing in our economy. We can start with the housing industry.

Thanks for taking the time to stopby and read my comments.

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Make it a great day!