On the recordMay 4, 2006
another month has passed and good economic news continues to roll in. Last month, the U.S. economy added 211,000 jobs. That marks 31 consecutive months of job growth. Thirty-one straight months. The unemployment rate is now 4.7 percent. Thirty-one months of small and large businesses expanding, hiring, and investing. And Americans know that things look bright. So what do they do? They take that confidence and they invest. On Tuesday, the Dow Jones Industrial Average closed at a 6-year high. America's economy is thriving, Madam Speaker, across the board. Homeownership is up, the number of minority owned businesses is up, and the job market for today's college graduates is the best it has been in over 5 years. These numbers don't lie, and they are very clear to see. The American economy is alive and well. Madam Speaker, this is good news. Americans know this, and I encourage my colleagues to recognize this as well. ____________________
Source
govinfo.gov




