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The Latest News about the economy

The economy ebbs and flows, but whether it’s strengthening or weakening, we report on how it affects you.

And The Obama Propaganda Scheme Rolls On

If it wasn’t enough that they retained Valerie Jarrett to run their operations from a mansion less than ten miles from the White House, the Obama’s are now documentary producers. They join the ranks of the Carters and the Clintons in former First Families who stay in the spotlight long after their stints in leadership are over. Michelle and Barack ...

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Democrats Hate America and American Success

For most Americans, it’s obvious that whatever is good for America is a disaster for Democrats. Democrats hate and despise America so much they are now going to other countries that equally hate America to raise money! It’s also obvious that President Trump’s attention to the southern border criminals and crimes are working? Is the wall and law enforcement efforts ...

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Federal Reserve Cuts Benchmark Interest Rate For The First Time In A Decade

The Federal Reserve cut its benchmark interest rate Wednesday for the first time since 2008, and the president had strong feelings about the central bank’s decision. Federal Reserve Chair Jerome Powell called the action a “midcycle adjustment to policy,” a phrase that caused chaos in the markets as analysts thought he was saying he was acting to stave off recession, ...

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I Now Believe in Man-Made Climate Science

Yes, I’ll have to admit I have been “one” of those climate deniers for all these many years. Only after I finally witnessed a human being causing changes in temperatures did I finally come around to an understanding of such ludicrous religious science. I must now admit watching our President create a perfect storm is a day I will never ...

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June Jobs Report: 224,000 Jobs Added, Unemployment At 3.7 Percent

Donald Trump success

The U.S. economy added 224,000 jobs in June, while the unemployment rate slightly increased to 3.7  percent, according to Department of Labor data released Friday. Economists predicted 165,000 jobs would be added and that the unemployment rate would remain at about 3.6%, according to The Wall Street Journal. 224,000 jobs were added in June, according to the Bureau of Labor ...

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Trump Effect: June Manufacturing Economic Activity Continues Expansion in June

Workers at New Balance

Economic activity in the manufacturing sector expanded in June, and the overall economy grew for the 122nd consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee: “The June PMI® registered 51.7 percent, a decrease of 0.4 percentage point from the May ...

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China, America And Europe See Market Growth After Trump Reaches Trade Deal With Xi, Huawei

Donald Trump success

Chinese tech giant Huawei and its American suppliers saw their shares rise significantly on Monday following trade talks between Chinese President Xi Jinping and U.S. President Donald Trump. Shares for Foxconn, a manufacturing company that makes smartphones for disgraced technology company Huawei, jumped 1.6% Monday in Taiwan. Foxconn Industrial Internet, a subsidiary that partners with Huawei, rose to the maximum ...

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Existing-Home Sales Rise 2.5% in May

Existing-home sales rebounded in May, recording an increase in sales for the first time in two months, according to the National Association of Realtors®. Each of the four major U.S. regions saw a growth in sales, with the Northeast experiencing the biggest surge last month. May 2019 Existing Home Sales Total existing-home sales1, https://www.nar.realtor/existing-home-sales, completed transactions that include single-family homes, townhomes, condominiums ...

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May Jobs Report: 75,000 Jobs Added, Unemployment Remains at 3.6 Percent

The U.S. economy added 75,000 jobs in May while the unemployment rate remained at 3.6 percent, according to Department of Labor data released Friday. Economists predicted 180,000 jobs would be added and that wage growth would rise to about 3.2%, according to The Wall Street Journal. Jobs numbers for April were revised down from 263,000 to 75,000, according to the ...

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New Poll Shows Good News For Trump As Voters Give Him Credit For Strong Economy

Donald Trump success

Voters are praising President Donald Trump’s handling of the economy as unemployment numbers hit their lowest point in nearly five decades, according to a Wall Street Journal poll published Sunday morning. Trump’s overall approval rating ticked up slightly to 46 percent, the poll notes. It also shows that the same percentage of voters who disapprove of the president (51 percent) ...

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Trumponomics: 263,000 Jobs Added, Unemployment At 3.6 Percent in April

Donald Trump success

The U.S. economy added 263,000 jobs in April while the unemployment rate fell to 3.6 percent, making March the 103rd straight month of job growth, according to Department of Labor data released Friday. Economists predicted 190,000 jobs would be added and the unemployment rate would hold at 3.8 percent, according to The Wall Street Journal. Jobs numbers for March were ...

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Democrats Are Blind and Deaf

The Democrat Party’s abuse of power is extreme and unAmerican. After inspecting the character and shallow mindedness of their leaders, they are a long way from having any sort of super bowl team! Their current Presidential rallies barely have enough people to fill an auto, much less a stadium. Is it possible to understand their arrogance and total disdain for ...

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Trump Effect: First Quarter GDP Blows Out Expectations, Best Q1 Since 2013

Donald Trump success

The U.S. economy grew at an amazing pace during the first quarter of 2019, according to data from the government. Gross Domestic Product (GDP) grew at 3.2% smashing economists’ expectations of only 2.5% and the best showing in the first quarter since 2013. The great quarter came due to private industries increased investment spending, an increase in exports by American ...

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196,000 Jobs Added, Unemployment 3.8 Percent

Donald Trump success

The U.S. economy added 196,000 jobs in March while the unemployment rate remained steady at 3.8 percent, making March the 102nd straight month of job growth, according to Department of Labor data released Friday. Economists surveyed by The Wall Street Journal expected that the jobs report would show solid growth by 175,000 jobs and for the unemployment rate to remain ...

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