The economy looks pretty healthy at this point according to an article in the NY Times. Strong U.S. Job Growth Shows Economy Is Defying Challenges The resilient strength of the economy important consideration because as manufacturing returns there is naturally going to be some need to not only create the business environment but also encourage the mechanics to make it more sustainable in the long run.
Business cycles of ups and downs are common in almost every economy but these wide cycles are not necessary. As more information about our economy comes forward through big data we are likely to be able to see how to create more net positives and find a balance between normal market forces and where to support adjustments for healthy change.
We can create a type of perpetual sustainability through more scientific data and economic understandings. It takes time to create such knowledge but considering increased in information and economic knowledge we are likely to find at some point. The digital era has adjusted some of the economic fundamentals.
According to the article...
-336 Jobs added in September.
-33rd Consecutive month of growth. Something is working here.
-3.8% Unemployment rate. Seems like there is a need for additional workers, productivity and technology infusion.
-Index of consumer sentiment is up.
-66% Small Business Feels Healthy 77% Happy With Cash Flow
-Recession looks like it is in rear view mirror. Inflation easing.
-Some jump in pay $17 per hour.
No comments:
Post a Comment