After being deep in the doldrums for so long, the American economy is showing signs of recovery, and this is important news for property investors. Being a massive beast, it will take some time to completely turn the US economy around, but there are strong indications that this is already beginning to happen.
What are the signs?
• More jobs are being created – an average of 196,000 jobs have been added every month so far in 2013, compared to a monthly average of 179,000 in 2011 and 2012.
• Unemployment is decreasing, reaching a four-year low in April.