April Jobs Report: Economy Booming - Thank Uncle Sam
With almost every state fully reopened or announced when it will be, business activity is up sharply throughout the U.S. Manufacturing and non-manufacturing are exceeding the pace observed before the pandemic struck. There is strong demand for commodities, big ticket items, computers, and other durable goods. Construction picked up in March, driven by residential building. The service sector is pulling out of the doldrums as millions of adults get vaccinated.
