Americans spent less in June by Zivka Deleva

People in the United States of America have spent less money in the last month, say the Wall Street’s reports. The stocks have fallen but not too much, because the previous three days there were big earnings. The industry on the other hand noted increase for 7 points. These resaults seem normal, when we are aware of the slow improvement on the job market. That is normal for the consumers’ apetite to be measured by the money people earn. The recession is far from being finished. And I suppose that Americans shouldn’t expact that miricles will happen because the economic fall was really a big one, like falling from a hundred floors building. The industry h! as another rules, I suppose, because there happened a opposite situation. All the important industrial indexes have raised. That even surprised economic analysts that weren’t so optimistic about the whole thing. But they all agree that this can’t last too long as long as the job places don’t increase as soon as possible. "I don't know what turns around confidence aside from jobs growth," John Brady, a senior vice president at MF Global in Chicago said. I want to share a personal experience with how I see the unemployment. If I know about dozens people that live in the States, and almost half of them can’t find job, than yes, we really have problems. The analysts have also found that the number of the bought homes has increased but that that is not going to last a long time, and that it’s been due to the homebuyer's tax credit that expired April 30. USA’s rival, the old lady Europe the last month definitly won the fight. The banks have ! noted good work, especially the German ones.

by Zivka Deleva for Cantell TV (http://cantell.tv)

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