Seven charts that leave you no choice but to feel optimistic about the US economy

Livewire
Seven charts that leave you no choice but to feel optimistic about the US economy. Matt Phillips writes the US economy is the best we've seen in years. The US has strung together five consecutive months of more than 200,000 new jobs, something the economy hasn't done since the late 1990s. The jobless rate has fallen sharply in recent months to 6.1% in June. The number of job openings hit a seven-year high of 4.6 million in May. While car sales have surged to fresh post-crisis peaks, as financing remains cheap and easy and consumer sentiment improves. Phillips asks Now, are we witnessing a golden age of perfectly equitable capitalistic progress? Hah. Of course, not. But still, the economy is by far in the best shape of the last five years, and all indications are that more improvement is in the offing. See all the charts here: (VIEW LINK)
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Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
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No areas of expertise