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Assigning a particular trend to the US Economy depends on the analysis of several variables within the economic equation Shifts in the variables change the value or state of the economy Economists reference jobs and housing in particular as tangible indicators of the health of the economy In 2010 both sectors began a painfully steady climb out of recession Associated Press Americans who found themselves out of a job 2 years ago are now back at work People with mortgages underwater or foreclosed now see paths to refinancing or building a savings With 79 percent unemployment there is room for improvement Nevertheless the US Economy shows signs that it is on the reboundrevise Beginning with the job sector hundreds of thousands of employable Americans enter the workforce every month The Associated Press reports that Private employers added an average of 208000 jobs a month in November December and January up from an average 155000 from August through October Wiseman The numbers demonstrate a job growth trend that constitutes an economic rebound in that sector Moreover experts estimate that the economy shed approximately 48 million jobs by the middle of 2010 and rebounded from a 10 percent unemployment rate that year to a rate of 79 by March 2013 Associated Press Employers feel more confident hiring additional employees as they face an increase in demand for products and servicesManufacturing specifically benefitted from the demand for products Rugaber at the AP reports The Institute for Supply Management said its index of factory activity rose last month to 542 the highest since June 2011 Any reading above 50 indicates growth The report showed a jump in new orders higher production and more hiring at factories Rugaber The ISM conducts surveys of a multitude of private sector manufacturing companies in the US Of the 100 percent that report data fall under one of three categories improvement no change and deterioration Firms report on factors such as new orders output
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