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This compared with a 0.5% monthly gain in June.
It was the seventh consecutive monthly gain in the index.
The number of new jobs created was the largest monthly gain in more than two years.
It was the biggest monthly gain in retail sales since 2001.
The Dow rose 1.9percentt, its fourth monthly gain in five months.
percent in January, the steepest monthly gain in more than 10 years.
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The economy had not posted consecutive monthly gains in almost two years.
Assuming the economists are right, Democrats have to hope that voters focus on monthly gains in new jobs as a sign of progress.
Retail sales figures released last week showed the strongest monthly gains in a decade, with department stores reporting an average increase of 11.8 percent.
The back-to-back monthly gains in orders for durable goods, items expected to last at least three years, were further evidence that a dismal stretch for manufacturers may be nearing an end.
Overall, now that the weather-related weakness is behind us, we anticipate that the monthly gains in payroll employment will remain close to the 200,000 mark, driving the unemployment rate gradually lower and allowing the Fed to continue winding down its monthly asset purchases.
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