Its only a hair above the 3,386 record from exactly 6 months ago, but it goes to show how quickly the economy has rebounded.
* Consumer spending (retail sales) has surpassed February highs. Consumers drive two-thirds of the US economy. * The extremely accurate Atlanta GDP forecast is now forecasting growth of 26% annualized in the 3rd quarter, the best in nearly a century (source: frbatlanta.org) * Despite the headline unemployment rate of 10%, narrower measures of unemployment such as U1 that exclude temporary furloughs, are only around 5% (source: bls.gov) * Economists have regarded the post-financial meltdown recovery as the slowest ever from a modern recession. In contrast, economists have said the current recovery is thus far the fastest in US history. (source: brookings.edu)
And yet more Americans are dying and more Americans filing for unemployment, is this your idea of making America or keep America great, guy running for "congress"?