good news for the economy: Yes there is good news out there…
- 12/02/10 08:26 AM
Yesterday was a great day for the real estate market, for interest rates it was an awful day as rates jumped higher in one day than in some time. However, it was a day full of good news that we have been waiting a long time for. The private payroll data report from ADP was almost twice what was expected for job creation. ISM (Institute for Supply Management) data which tracks national manufacturing growth reached levels that we have not seen for years. As one commentator put it "manufacturers do not make stuff unless they have a buyer for it" so … (3 comments)
Yesterday was a great day for the real estate market, for interest rates it was an awful day as rates jumped higher in one day than in some time. However, it was a day full of good news that we have been waiting a long time for.
;)
;)
