Positive signs of recovery
We are finally seeing strong national indications of a recovery, with a jump in the price of housing and a bull market for pickups.
Overall housing prices were up 3.8 percent in July over the previous July and were up 1.3 percent from June to July, according to analysts.
Demand for new vehicles across the country also is climbing, up 20 percent in August over the same month a year ago. Much of that increase was driven by demand for full-size pickups, prompting industry observer Jesse Toprak to note that businesses increase their fleets in anticipation of business improvements.
That’s welcome news and we hope there is much more to come.