Registered: 04/06/02
Posts: 8469
Loc: Ishpeming, MI 75.128.229.255
Boy, that SOB Obama and his socialistic ideas sure are ruining our country. The stock market is over 11,000 now and was down to 7,000 when he took office and all citizens will be assured of health care. Now the latest news says people are starting to buy homes again and fewer people are filing for unemployment.
News like that is enough to piss anybody off, and it makes me want to go buy some Earl Grey, brew me up a pot, and sign up with those Teabaggers. (insert extreme irony icon here)
Quote: -------------------------------------------------------------------------------- Home sales rose sharply last month and claims for jobless benefits fell last week. The two reports Thursday sketched a picture of a modestly improving economy.
Sales of previously occupied homes increased more than expected in March after three straight months of declines, the National Association of Realtors said. The housing market benefited from government incentives that drew in buyers.
Quote: -------------------------------------------------------------------------------- "The spring selling season will be a success and probably the most active we're seen in years," said Stuart Hoffman, chief economist at PNC Financial Services Group.
In a separate report Thursday, initial claims for unemployment benefits fell by 24,000 to a seasonally adjusted 456,000, the Labor Department said. That nearly matched analysts' estimates, according to Thomson Reuters.
Quote: -------------------------------------------------------------------------------- Employers in March added 162,000 jobs, the most in three years. --------------------------------------------------------------------------------
Quote: -------------------------------------------------------------------------------- Claims have slowly trended down over the past year. Applications for jobless benefits peaked during the recession at 651,000 in March 2009. --------------------------------------------------------------------------------
