Friday, November 2, 2012

Good Economic News for October

The jobs report for the month of October shows a better-than-expected number of 171,000 net jobs added to the economy. The October report is the last before the election, and represents positive news for President Obama. Most analysts projected anywhere from 105,000 to 130,000 jobs created.

This news, coupled with increased consumer confidence and spending, and signs that the housing sector is coming back, should provide a final boost to the President's campaign going into the last 4 days before the election.