Previously Southridge Capital reported how US markets seemed stable compared to other worldwide markets.

The stock market saw its second week of decline, and for the most part Greece?s turmoil replaced Goldman Sachs in the news. Getting back to what we mentioned about US stability, the most recent employment numbers were released for April and we are pleased with what was reported. According to the Labor Department, employers increased hiring in April to the tune of 290,000 jobs – its biggest increase in four years and its 4th consecutive month of adding jobs.

Job numbers show hiring was spread out over a number of industries, which is great news for the stabilization of the economy.

On Friday Germany backed a $140 million bailout plan for Greece. The European Union also created a package to help stabilize the region and calm worldwide markets. Hopefully, investors will look at the swift actions plans taken by the European community as well US growth and continue to fuel global markets.

The entertainment sector has shown positive numbers here in the US.

The WWE held its main event called WrestleMania in Glendale, Arizona in March. This years? WrestleMania XXVI contributed approximately $28.8 million of revenues, $13.1 million of profit to the WWE on this one event according to the WWE?s press release. This is very impressive for an economy that?s pulling out of a recession.

According to a source at BoxingNews24.com the Shane Mosley vs. Floyd Mayweather Jr. bout sold approximately 1.2 million pay-per-view subscriptions making it the largest viewed fight of the year. These numbers would surely increase if Floyd Mayweather Jr and Pacquiao ever sign a contract.

The big screen is also seeing their share of profits. The 7th largest opening screening in history was reported on May 7th with Iron Man 2 pulling in more $50 million in ticket sales. IMDB.com has documented that over $747 million has been earned by Avatar in US sales since it was released.

Callaway has seen an increase in sales of 11% worldwide and 7% in the US since Q1 2009.

Now we understand why the personal saving rates (a percent of disposable income) decreased. At the end of the day, all of the sporting and entertainment events prove the American consumers do not mind spending money to have fun, which will help out everyone.

If you found this info intriguing and would like to discover more about this company either go to Southridge Capital direct or visit their blog by clicking this link Southridge Capital.