4th of July Snapshot: Gas Prices, Economic Indicators Heat Up Like Roman Candles

As we approach the July 4th 2014, the economy news at summer’s midpoint celebration is increasingly rose-colored like one of those ground bloom flower fireworks.

On the one hand, as Bloomberg reports, “jobs growth adds more sunshine” to the U.S. Economy. Specifically, job growth, in payroll specialist ADP’s report ahead of the official Federal figures, was much higher than expected. ““The labor market appears to be firing on all cylinders and is finally self-sustaining,” the Bloomberg said, citing two two PNC Financial Services economists.