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FIGURES STRIKE ANOTHER HIGH FOR US RECOVERY

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FIGURES STRIKE ANOTHER HIGH FOR US RECOVERY

Oct 3 2014, 4.10pm GMT

Stock.com

All the figures released today that indicate the size and speed of the recovery, and of economic progress of the U.S, are better than forecast.

Non-farm employment change, or the amount of additional jobs created in the month, is up by 248,000 from 216,000.

The Bureau of Economic Analysis gave the Trade Balance figures at -40.1B, succeeding on September’s figure of -40.5B. Still in the minus figures, the strength of the dollar is not helping exporters whose customers are paying the high rates against their own currency, especially clients from the Eurozone.

The last figure in the trio is the Unemployment Rate that is down by 0.2 per cent to 5.9 per cent, setting a four-year trend that, if it continues, will see unemployment figures reduce to those of 2008 before the economic crash.

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