This is something of a continuation of the previous post. The latest United States unemployment numbers came out last week, and the news is mixed. An editorial in the Weekend Wall Street Journal provides a brief analysis of the figures’ current relevance.
Some good news, some bad. There are individual sector reports which are promising, and just looking around the landscape here in Kansas, things seem to be picking up a bit. I’m noticing some filling of commercial vacancies, and there seems to be a little less reluctance to get something up and going around here.
In the end, we will see. I remain hopeful that Americans will innovate and eventually excel, despite some of the current systemic barriers. This doesn’t seem to affect the upper-end markets at first glance, but there is indeed some trickle-down effect in economic activities. Hopefully, increased capital investment in new ventures will continue to spur a little growth in North America.
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