Thursday, June 11, 2009

The Economy Is Improving

A new jobs report shows fewer people applied for unemployment benefits and in a separate report retail sales increased in May, part of it due to higher gasoline costs.

Auto sales actually increased .05% last month. These reports drive mortgage rates higher, but are good news for people caught in the economic downturn.

Home sales in Milwaukee County increased 1.9% in May, according to MLS, the second straight month sales in the county increased.

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