Payroll Gains Probably Sustained in June: U.S. Economy Preview – Bloomberg 06-29-13

Salient to Investors:

The median economist says payrolls grew by 165,000 workers in June after rising by 175,000 in May.

Russell Price at Ameriprise Financial said the fact that the economy is growing as well as it seems to be, despite heavy headwinds, is testament to much-improved underlying fundamentals, and companies are seeing better consumer and business demand while running with very tight labor components.

Thomas Simons at Jefferies said things are picking up but it will be an uneven path toward growth.

Read the full article at  http://www.bloomberg.com/news/2013-06-30/payroll-gains-probably-sustained-in-june-u-s-economy-preview.html

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