US Economy Rebounding is about an Architect’s perspective of the USA economy rapidly improving right now: June 7, 2020.
June 5, 2020: the US Dow Jones Average hit 27,110. That was last Friday.
The Dow Jones high during the last year was 29,551 on February 12, 2020.
THIS WAS THE ALL-TIME RECORD HIGH FOR THE STOCK MARKET EVER.
Which means the current administration was and is doing a pretty darn good job with the economy (regardless of whether or not you like or dislike some of the people in the present government).
The DJ high a year ago was 25,983 on June 7, 2019 .
In other words, We’re now higher than we were a year ago, before all these troubles surfaced.
The DJ low, at the peak of the CV19 pandemic was 18,591 on March 23, 2020.
we are now vastly improved from that low: adding more than 8,500 points since then.
America is headed back toward the record all-time stock market high and will likely exceed that in the coming weeks and months ahead.
In other words:
THE US STOCK MARKET AND GENERAL ECONOMY IS ROCKETING BACK UP TO ITS NORMAL POSITION: VERY HIGH. IT’S HAPPENING RIGHT NOW.
The stock market, in just a few weeks, since the low, is now within reaching distance of the high (back in February 2020).
– What other statistics underscore this amazing economic upswing?
– Unemployment in the US dropped to 13.3% per this week’s jobs report.
– 2.5 million new jobs.
– 80% of the businesses that closed during the pandemic have now reopened.
– TSA at airports is seeing a 400% increase in travelers coming through airports.
Despite what some people want to complain about (and in some instances, justifiably so), America is not going to remain shut down while they air their grievances. No. America is coming back with a roar. America is no longer shut down. The number of good, hard-working people in America outnumber those who would prefer to damage its economy. WE’RE BACK! Focus on your business. Do good, honest hard work. Continue to make America the strong, resilient country it has been since 1776. Do not let shouts to the contrary get in the way of what just might turn out to be one of your best years in business ever.
Note: the above is supported by an incredible real estate market so far in 2020: the best year ever in some places, doing 200% more business than last year in some counties (and last year was a banner year). Hang onto your hats folks and step up to the plate and swing your bat. Time for USA businesses to forge ahead, once again.
HURRAY FOR THE USA!