The Bureau of Labor Statistics released the July jobs report earlier this morning. Overall during this phase of the economic recovery the U.S. added 1.8 million jobs in July, with strong recovery in: Leisure and Hospitality (+592k), Retail Trade (+258k) and professional and business services (+170k). [Full Report Here]
Strong steady gains continue in manufacturing, construction and transportation as more businesses begin to re-open and provide products and services into an economy with strong underlying demand. Durable goods inventories are low, those need to be replaced.




