Auto Sales Continue to Climb, Economy Recovering

For months analysts and economists have been searching for signs of the economy improving and it seems they have once again found a glimmer of good news that spreads all across the United States. Despite consistently low sales and significant economic turmoil car makers from all across the United States report an increase in sales for the past few months; not just an increase but a significant one at that.

For millions of Americans this is good news because it means that the economic situation is truly improving. Cars and the automotive industry have always been a relatively good indicator of how the economy is doing and the fact that car sales climbed over 10% in the past few months means that the economy should in fact be showing plenty of promising signs of improvement. Not only that, it also means that the millions of Americans employed in the auto industry have secure jobs and guaranteed income for quite some time as the auto manufacturers continue to keep production high.

This and other recent economic indicators are once again making analysts quite optimistic about the current economic situation. Assuming things continue in the way they current are the auto industry and many other major industries are expected to see some significant improvement in sales for the next few months which should eventually turn into consistent sales numbers at the new, higher amounts.

Man Revived After 96 Minutes Thanks to New Technology- Source: NPR.org

Today the miraculous story of how paramedics saved a man’s life using new technology broke. The original incident happened in January but thanks to new health guidelines released this week the story is once again in the headlines. In January Howard Snitzer’s heart stopped due to a heart attack and if it had not been for a new technology called capnography experts say there is no way Snitzer would have survived.

What made Snitzer’s story so unique is that his heart had stopped for over an hour and a half but the paramedics knew to continue working on him because their capnography machine showed he had a chance of survival. The capnography system is able to monitor carbon dioxide in a person’s breath to show the chances of survival as well as help medical teams determine what exactly is the problem. The paramedics that responded to Snitzer were reportedly some of the first to have the new technology and they say without the machine they would have been forced to give up on Snitzer well before the one hour mark.

This week the American Heart Association recommended that all medical personnel and emergency staff members have access to a capnography machine because it really can make the difference between life and death. All across the country capnography machines are becoming more and more popular thanks to the life saving benefit proved by Mr. Snitzer’s amazing story of survival.

Small Businesses Showing Growth

The United States economic situation has been recovering slowly according to many analysts but today a report released by Intuit indicates that one specific part of the private sector seems to be leading much of that recovery. According to analysts jobs overall have been increasing in nearly all parts of the United States but recently small businesses have been making the biggest difference.

Due to the economic downturn many companies and businesses were forced to let go many employees to save money; the fact that small businesses are hiring once again is a very good sign according to leading analysts. Small businesses, particularly those with under 20 people, have been hiring at nearly double the rate they had been before which means they are surely seeing some sort of recovery from the economic downturn.

According to the study small businesses have increased their number of jobs by approximately 1% which is an astonishing number according to analysts. Even a fraction of a percentage increase would be a significant jump according to economic analysts from all around the US but the fact that the number of jobs available increased 1% in a year means the economic growth is expanding to small businesses quite rapidly.

Along with this increase of jobs these small businesses are also reportedly spending more money; all of these factors combine indicate that the economic growth is solid and consistent which is very promising for the United States and worldwide economic recovery efforts.

Worldwide Economy Still Showing Signs of Recovery

A series of reports this week have shed some light on the current economic situation around the world. Through the past few weeks many economic analysts had begun to speculate that the economic recovery was slowing; today however it seems the economy is actually still recovering.

The good news came in the form of Federal Reserve data releases that show consistent recovery in various aspects of the economy in the United States and worldwide. The biggest indicator of growth however is the confidence of many banks and lending companies; unlike a year ago many banks and lenders are much more willing to lend money and as a result the economic situation is slowly beginning to turn around.

As for the recent signs indicating that the economy was not recovering most economic analysts have determined the cause for that. The massive natural disaster in Japan had a significant impact on the economic recovery; fortunately it seems the worldwide economy has successfully managed to make it through the natural disaster.

Of course analysts still don’t know when the economy will be officially out of the recession. At this point many of the world’s stock markets are also beginning to recover so overall economic advisers around the world are hopeful that the economic situation will eventually be back to normal sometime in the future. As for now however it is simply good to know that nearly everyone agrees that the economic situation is improving all around the world.