It seems as though consumers and businesses have gone on a tear according to an article I saw today. It seems as though national July sales of homes, cars, and capital equipment all spiked, showing their largest increase since 2005. Home sales increased by 10%, and durable goods by 5% and transportation equipment is up 18% over June.

This is yet another sign that the economy continues to improve. There is caution that some of this improvement was fueled by Cash for Clunkers (now over) and tax credits for home sales, but it’s yet another sign of hope and should have a positive impact on business morale and the accompanying psyche.

There’s no question that concerns remain as to whether improvements like this are sustainable, but the more nuggets of positive news we see like this can only serve to feed an increasingly positive environment, especially looking forward.