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VOL. 129 | NO. 150 | Monday, August 04, 2014

Obama: Economy Stronger, Congress Could do More

AP

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WASHINGTON (AP) — President Barack Obama says the economy is getting stronger and, quote, "engines are revving a bit louder."

Obama is praising the July hiring and advances by the U.S. economy.

The president cites new data showing that employers added 209,000 jobs last month — the sixth straight month of job growth above 200,000.

But Obama says Congress has blocked steps that would maintain that momentum or even accelerate the recovery.

Obama has been pushing legislation to raise the minimum wage and to broadly increase spending on infrastructure projects.

The unemployment rate ticked up in July to 6.2 percent from 6.1 percent as more Americans started looking for work.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 85 296 9,112
MORTGAGES 100 394 12,246
FORECLOSURE NOTICES 21 98 2,526
BUILDING PERMITS 423 960 20,801
BANKRUPTCIES 66 261 7,887
BUSINESS LICENSES 19 77 3,301
UTILITY CONNECTIONS 164 515 11,538
MARRIAGE LICENSES 21 114 2,782

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