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TRANSPORTATION SECTOR APPEARS TO BE CARRYING ITS OWN

April 8, 2013 - By Staff Writer
The transportation sector appears to be carrying its own, and even though we are seeing fluctuation in the DOW transportation index, we think it will maintain gradual growth.

Our economy should also continue with its slow recovery, however, we do need to keep and eye on job creation, only 88,000 Jobs in March were created compared to 268,000 the previous month, and even though the unemployment rate came down to 7.6%, that seems to be as a direct result of 500,000 of the unemployed actually giving up and dropping out of the job market, certainly not good news!

We also have to be concern with the economic situation in Europe, if it does not stabilizes, we can see a reversal of our recovery due to a trickle down effect.