Good signs for the economy

Dated: October 28 2012

Views: 2514

Although slow in materializing Gross Domestic Product gained although modestly. The economy shows signs of a modest increase at 1.6 GDP to 2.0 percent. Even though this is lower than predicted and hoped for increase in the growth it is still a sign of an improving economy. The drive is apparantly being driven by consumer spending. Whether this will be sustanable will yet to be seen after the elections as many economies are experiencing the duldrums. However it is still a great time to invest in real estate as the interest rates are still low and prices although better than they were in 2011 for existing inventory and new builds are still a bargain for buyers. Jobless claims decreased by a small margin and is not what the current administration was shooting for. Growth is still showing signs of slow business growth in the job creation market due to fears of tax increases and recession fears. Another reason to get out and vote for the candidates that will best suite the need for economic stimulation and growth so I end this with get out and vote. This is a critical year, show your support and rights by casting your ballot for the candidate that you feel will best benefit our nations well being, economic growth, and future economic growth.

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