This page has been archived and commenting is disabled.
US Outlook Rosier
Inflation, housing, unemployment figures, personal spending and utility bills are all improving across the US.
Inflation
Inflation increased in March by 0.3%, and in April after adjusting spending forecasts we will see a 0.2% increase. That’s good news for the budgetary constraints of households. It will lead to increased spending all round. May 16thsaw a US inflation figure amount to 1.1%
Unemployment
The Bureau of Labor Statistics announced on May 23rd that in comparison with the previous week there had been a drop in the number of new claimants asking for unemployment benefits in the US (drop of 23, 000 bringing the figure to 340, 000 new claimants). That was good news. It means that companies are laying off fewer people today than the previous week. Will it hold though? Whatever happens there are still areas where people are being hired these days. The following sectors are on the up:
Health Industry
Half of the top twenty growing industries in the US are related to the health care industry. Major increases have already taken place and that looks set to continue. United Health Group has close to 3, 500 job openings right now. It provides health insurance services to about 75 million around the world. American Mobile Healthcare also has roughly 2, 000 openings. It also provides health insurance to the same number of people all over the world. Combined Insurance Group is hiring more than 2, 000 job openings. When the chips are down, we take out insurance just in case (accident and life insurance policies).
Pet Care Industry
Petco has nearly 11, 000 openings at the moment. It’s not surprising that when recession hits, we tend to retreat into taking care of animals and looking after them. Comfort zones are big business.
Entertainment
Life is difficult. Food is expensive. Take-away food is not. Places like Pizza Hut are expanding today and they currently have more than 6, 000 job openings to be filled right now, for instance.
Housing
Figures show that house sales increased in April by 1.5%. This is giving a necessary lift to the US economy. This averaged out at new homes being sold at an annual rate of 454, 000/month. That’s a 13% increase in comparison with last year. The median sales price ($271, 600) is up 15% from last year. Mortgage rates have never been so low and this along with fewer redundancies in the work market means that the housing market is improving.
Personal Spending
Personal income made gains of 0.1% last month (April), which means that it was almost flat. Wages didn’t increase at all significantly as there was an increase in hourly earnings, but a drop in the number of hours being worked, so it equaled out more or less. This was a drop from 0.1% in March. But, the retail report for April was good and so spending increased by 0.2%.That means that the mood of consumers is getting better. Confidence is echoing the improving economic outlook. Confidence is being estimated to be at e six-month high. Consumer spending for May is more than likely to increase. There will probably be a 2.4% increase in economic growth in the USA this year and that is projected to rise to 3% in 2014.
Utility Bills
Utility bills have seen a fall in percentage outlay of household income. Total spending for households is therefore on the down. However, it has nothing to do with prices. It’s just the mere fact that over the past month the weather has positively impacted the use of gas and electricity in the US on the whole.
Originally posted http://www.tothetick.com/us-outlook-rosier
- advertisements -

Ok, I've read this article twice and scrolled carefully up and down to make sure. I can't find the sarc label. I guess my stupid iPad has finally broke and is only good for mastication.
Miffed;-)
Finally, worthy competition for Phoenix Crapitall Research.
Does anyone really think that UnitedHealth has 3000 jobs? More like 3000 job postings, for which they receive thousands of applications. Throwing most of, if not all of them out beause the job postings are fake or are intended only to get existing foreign staffers greencards or H-1B visas.
WTF is this guy spewing? What planet do you live on, Pivotfarm? Have you visited a grocery store lately? Food price inflation is over the top. It's more than $3.00 for a simple loaf of bread at Walmart, who claim to be the low price leader! Ground beef is $5.00 a pound! And I hate ground beef! This is some lamestream media hack spewing bullshit numbers at us. I worked in the health care industry for years. Got good pay then, but now these jobs Pivotfarm is pushing - service industry jobs - are part-time with NO BENES! Wanna work for Pizzahut? Hey, wanna buy a FIAT? currency? Yeah, now there's a recovery in sight. The shill sauce is definitely going to this guys brain!
More 'inflation good for you.' Why does ZH publish this crap?
It's all good then. The Administration is doing such a fine job !
That makes me feel much better.
Wow, they really got the meds right this time ... except for the giant flying bats sometimes, it's all perfect.
Manipulated stats always look great.
This must be an Administration pro Obama '2014 campaign strategy' hack.
When the dust settles in a few months we will then see that the US, like Europe, is in a resession.
My BS alert went off when this guy mentioned the BLS.
Fucking delusional bullshit.
Sorry Tyler, but if I wanted to be propagandized with laughably insulting pro-Establishment lies, I would turn to CNBC.
The top of page section of ZH has really deteriorated lately. Shift krapp like this to down by the Thai Titties, I say.
What is wrong with Thai titties? They certainly beat this stuff.
I'm not an official on ZH, but I have been carefully watching the posting flow for several years now.
This is a reader policed site. You will notice that junk posters eventually get called out by the readers and depending on the volume level of the negative reaction they either adjust accordingly or disappear as so many have. Some just read the writing on the wall, others on rare occasion are asked to leave I am sure.
Sloppy thinking, mainstream propagandizing and pretentious/inane drivel are prime candidates for the ZH reader posse.
The main point is that the Tyler's are not imposing editorial control and that is something to be cherished. It's up to the readers, myself included.
He didn't even stroke Obama at all for exemplary leadership. I guess that'll be a whole new article.
Take a break chief and throw this MSM flavored bullshit on the BBQ. Have some shill sauce while you are at it.
Oh come on Banzai, look at all those tens of thousands of part time/low pay jobs being created or saved ;-)
Down on the Pivot farm...
... there's a whole lot of bullshit piling up.
Mr Pivot Farm is apparently Andrew Milne, according to his extremely weird website.
Milne is selling, for US $ 124.99 per month, something that does sound quite like bull-shite:
« Support and Resistance research that combines multiple forms of Technical Analysis with Inter-Market Correlation and Statistics to consistently evolve with the Market. Our research integrates with almost any day trading system ... »
What is especially weird is that, on Mr Andrew Milne's Testimonial Page, it begins : « Lorem ipsum dolor sit amet, consectetur adipiscing elit ... »
And indeed the entire page of 'testimonials' to market himself, is in FRIGGING ancient LATIN :
http://www.tothetick.com/testimonials
The descriptions of all the partners are also in Latin...WTF?
Correction: Pseudo-Latin ... which is entirely appropriate given his MSM propaganda dressed as pseudo-commentary.
Get him the fuck off the top banner, Tyler!!!
"Lore ipsum .." & crap looks like the boiler plate Microsoft used to put in specimen Word templates.
But I have a much simpler message for Mr Pivot Farm: BUGGER OFF! and do not return.