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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 This material may not be published, broadcast, rewritten or redistributed.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 60 179 1,143
MORTGAGES 61 224 1,543
FORECLOSURE NOTICES 0 27 324
BUILDING PERMITS 159 527 2,517
BANKRUPTCIES 61 174 1,117
BUSINESS LICENSES 27 87 481
UTILITY CONNECTIONS 68 216 1,541
MARRIAGE LICENSES 7 37 231

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