On the recordJune 15, 2010
I am happy to report that we continue to see steady economic growth in our country. The work that we have done here in this very Chamber and the work that our President has done to ensure our economic turnaround is making a real and positive difference for America's families. To put this statement into real numbers, here are some statistics that indicate undeniable growth and recovery: An average of 200,000 jobs have been created each month over the last 7 months. Stocks have risen across the board since the passage of the Recovery Act. We have now seen three quarters of economic growth. There are 98 percent of families who are seeing their taxes decrease for tax year 2009. Average refunds are up 10 percent, which is around $3,000. Since January of 2009, we have restored $5 trillion of household wealth. In my own State of Florida, I am proud to report that, for the first time in nearly 4 years, we have seen improvement in the jobs report, with the unemployment rate dropping in May. With these numbers as proof, I can say with confidence that America is on the road to recovery.





