The last day of market activity for the third quarter in 2014 comes to a close this evening. Therefore, it’s only fitting to bring you the happenings of the past three months just the way you like it: short, simple and to the point.
Third Quarter Performance: 2014
The September labor report is expected to dominate this week’s headlines. Coming out this Friday, it’s estimated that at least 200,000 new jobs were created this month alone, ending the quarter on a positive note from last month’s upset with fewer than 150,000 new jobs.
New home sales rose 18% in August—over 504,000 new home sales across the nation. More growth around the nation prompts builders to believe our current rising real estate trend will continue.
Consumer spending rose over .5% in August, leading analysts to believe the rest of the third quarter will continue to see consumer spending on the rise.
46 economic analysts surveyed throughout August and September agree that the expected growth rate of the national GDP at 3% throughout the third and fourth 2014 quarters.
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(177 words - nailed it)