U.S. Celebrates Profit, Independence After World Cup

Goalkeeper Tim Howard headlines a week of prosperity to kick off summer vacation.

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The great thing about America is we find a way to win even when we lose. The top statistic of the week was definitely the World Cup – record-setting 16 saves by Team U.S.A. goalkeeper Tim Howard despite his side’s loss to Belgium’s team. America-based Silicon Valley is also a big winner because of the record-setting online traffic generated by the tournament, and good data on stocks and jobs give the U.S. a lot to celebrate when Fourth of July fireworks go off.

U.S. adds 288,000 jobs in June –
The U.S. added 288,000 jobs in June and the unemployment rate dropped to 6.1 percent, which is its lowest rate since September 2008 and the fifth straight month of gains. Planned job cuts announced by U.S.-based businesses in June were also at the lowest level so far in 2014, dropping 41 percent last month after reaching a 15-month high in May. 

Dow hits 17,000 record –
Wall Street reacted very well to the jobs report, leading the Dow Industrial Index to hit a record high of 17,000 Thursday. The chart on the progress of the market in recent months reflects analysis that stocks will rise and fall like a small roller coaster, but will continue climbing sporadically, as Wall Street is not so overconfident that a bubble will burst and result in a price crash.

Tim Howard is an American hero –  Team U.S.A. was eliminated after losing 2-1 against Belgium on Tuesday, but goalkeeper Tim Howard scored a record-setting 16 saves during the match – the most ever by a player since the beginning of the tally since 1966. America's tech industry also manages to win the World Cup with the money Silicon Valley stands to make on advertising and user interaction with the massive online traffic the tournament is bringing to its U.S.-based services. The U.S. has posted more #WorldCup tweets than even the championship’s host nation Brazil during the tournament, according to Twitter. The full leader board of World Cup games and scores is online. 

Fireworks use has boomed since 1980 
– Each year Americans remind people we are great at freedom, grilling and blowing things up. Fireworks use in the United States increased from 41 million pounds in 1980 to more than 207.5 million pounds in 2012, according to the American Pyrotechnics Association. Remember that freedom is not free and fireworks don’t come without risks of injury. In 2012, there were an estimated 11,400 injuries from fireworks treated in emergency rooms, according to the U.S. Consumer Product Safety Commission. The new data reporter at U.S. News, Lindsey Cook, has more fun charts to help plan Fourth of July celebrations.