» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 129 | NO. 150 | Monday, August 04, 2014

Obama: Economy Stronger, Congress Could do More

AP

Print | Front Page | Email this story | Comments ()

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 This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog Get more from The Daily News
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 66 153 14,870
MORTGAGES 64 144 19,474
FORECLOSURE NOTICES 0 22 3,817
BUILDING PERMITS 217 359 35,689
BANKRUPTCIES 59 121 14,155
BUSINESS LICENSES 24 86 5,077
UTILITY CONNECTIONS 71 170 21,603
MARRIAGE LICENSES 22 59 4,616

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.