the economy
The economy ebbs and flows, but whether it’s strengthening or weakening, we report on how it affects you.
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Trump Effect: Retailers ring up best Christmas … EVER in 2017
Mastercard SpendingPulse today reports that holiday sales increased 4.9 percent this year, setting a new record for dollars spent. This…
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Trump Effect: Holiday Retail Sales Up Double Digits
2017 holiday retail sales totals are up 16 percent year-over-year (YOY) according to an industry data analysis firm and the…
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In The News
Trump effect: Fed raises fourth quarter GDP Forecast to near 4 percent
The New York Federal Reserve on Friday raised its estimate for fourth-quarter GDP closer to 4% after revisions of earlier data…
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Money & The Economy
Trump Effect: American optimism on economy at 11-year high
A new survey released Monday showed that Americans feel better about the economy now than at any point in recent…
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Money & The Economy
Trump Effect: Nov. Retail Sales Blow Out Expectations
U.S. retail sales figures blew out expectations for November as the holiday season and enthusiasm for President Donald Trump’s economic…
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Money & The Economy
The Trump Effect: U.S. Employers Report the Most Optimistic Hiring Outlook in a Decade
Outlook of +19% Driven by Optimism in Construction, Manufacturing and Transportation & Utilities Employers in the Midwest Report Strongest Hiring…
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In The News
Job growth remains solid despite tightening labor market
Employment increased by 228,000 jobs in November after increasing by 244,000 jobs in October. As the labor market is tightening,…
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Opinion
Press: 3%+ growth under Trump is ‘dreaming’ – Ummm… nope
They couldn’t help themselves. The mainstream media published column after column saying that Trump’s promise for GDP growth north of…
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Money & The Economy
Consumer confidence continues 5-month run and 17-year high
The Conference Board Consumer Confidence Index®, which had improved in October, increased further in November. The Index now stands at 129.5…
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In The News
Home Prices Boom 10 Years After Housing Crisis
SANTA CLARA, Calif., Nov. 13, 2017 /PRNewswire/ — Home prices have returned to the boom levels of a decade ago — which…
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Opinion
The Compelling Case for Tax Reform
Congress is currently considering revamping our tax system and reducing tax rates. Nearly all of the options being discussed for…
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In The News
Survey: U.S. Business Profits, Hiring Increasing
More U.S. businesses are reporting profits and increased hiring, with greater confidence in their ability to grow over the next…
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Opinion
The Rich Will Not Benefit From Trump’s Tax Plan? Why Not?
One hears news reports that the rich will not get any relief under the new proposed tax bill of President…
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In The News
Manufacturing Report: Economy Continues to Strengthen
America’s economy continues to strengthen under President Donald Trump‘s agenda according to a report on manufacturing by the Institute for…
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In The News
Trump Speaks on Apprenticeship and Workforce Initiatives [video]
President Donald Trump delivers a speech and signs an executive order Thursday on his administration’s workforce development initiatives. The initiatives…
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