American manufacturers are churning out more goods and homebuilders are regaining confidence as evidence mounts that the world’s largest economy is making a comeback after a slow start to 2014.
The gap between America’s rich and poor is shrinking, according to one measure of income inequality that has reversed a steady increase seen for more than a decade.
Life is looking up for Marco Ruiz, whose four months of unemployment ended in December when a landscaping company in Dallas hired him at $9.50 an hour, with small raises since then and a promotion two weeks ago.
"We're making quicker progress toward full employment and price stability than we thought."
- Michael Feroli on Jul 13, 2014
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