Friday, March 23, 2012

Improving Economy

     Since the economic crisis of 2008, many people have been pinching their pennies and throwing out the phrase, “these tough economic times” nonchalantly when, actually, the economy is not half bad right now.
     For those who avidly watch the stocks, the improving economy can easily be seen there.  Recently, NASDAQ, the American stock exchange market, recently broke a record high of 13000.  This means that stock trading and selling has led to a value of over $13,000.  This has given an unprecedented value to our stock market.
     For those who are seeking jobs, the improving economy can be seen in the availability of jobs and employers’ readiness to hire.  Unemployment rates have fallen from 10% in 2009 to 7.8% currently. 
     For those who may be interested in real-estate, the improving economy can be seen with the recovery of the housing bubble.  Real-estate is one of the first marks of a falling or rising economy; currently, the number of building permits have rose, as have the number of houses being bought and sold.  This shows how consumers are feeling confident enough with their dollar to spend it on long-term items such as houses. 
     Signs of the improving economy can be seen everywhere; people may need to just pause and take notice.

Written by Ali McCatheren

1 comment:

  1. Once again there is growth in the market and market is moving upwards so peoples are investing money in the market which is helping to stable the economy.
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