Strong Consumer Buying Season

As we head into the strong consumer buying season of September through November, the economic news gives us much to be happy about. See the comments below from just the end of last week…

• “The economy in the U.S. expanded more than previously forecast in the second quarter, propelled by the biggest gain in business investment in more than two years.” Source: Bloomberg, 8/28/14

• “Job growth has topped 200,000 for six consecutive months, a stretch last seen in 1997, while the economy expanded at a 4.2 percent annual pace in the second quarter.” Source: Reuters, 8/28/14

• “Gross domestic product…rose at a 4.2 percent annualized rate in the second quarter.” Source: Bloomberg, 8/28/14

• “Consumer purchasing power improved, with disposable income adjusted for inflation rising at 4.2 percent from April through June after a 3.4 percent gain in the first quarter.” Source: Bloomberg, 8/28/14

• “U.S. consumer confidence this month reached its highest point in nearly seven years, boosted by strong gains. The Conference Board said Tuesday that its confidence index rose for a fourth straight month to 92.4 from 90.3 in July. The August reading is the highest since October 2007, two months before the Great Recession officially began.” Source: AP, 8/26/14

• “Government data indicate that monthly hiring recently hit the hottest pace since 2008.” Source: Marketwatch 8/26/14

• “The optimism suggests that Americans will be more likely to spend in the months ahead, an important boost to the economy. Consumer spending drives about 70 percent of U.S. economic activity.” Source: AP, 8/26/14

Continue to talk to aggressively seek new customers. In a growing economy all businesses must seek to build their share of market.

Good selling!