3 of the last 4 months have had higher than normal or expected job hirings.
How long until consumer spending catches up?
As I have REPEATEDLY posted, the Healthcare Act passed by the Dems is largely responsible for this. It is sucking up the disposable income via healthcare premiums.
All I know is that construction of nice middle class “affordable” houses is booming locally. Prior to this year, what new residential there was, was very high end or apartments. And, houses are selling. The regional economy has been lagging and sometimes badly since the early 2000’s. Largely manufacturing based.
bfl