CNBC reports that today’s Employment Situation Report from the Labor Department reports that unemployment has fallen to the lowest level since 1969. They write: The unemployment rate fell two-tenths of a percentage point to 3.7 percent, the lowest level since December 1969 and one-tenth of a percentage point below expectations. The closely watched average hourly […]

CNBC reports that today’s Employment Situation Report from the Labor Department reports that unemployment has fallen to the lowest level since 1969. They write: The unemployment rate fell two-tenths of a percentage point to 3.7 percent, the lowest level since December 1969 and one-tenth of a percentage point below expectations. The closely watched average hourly […]

Donald Trump won the presidency with promises of improving opportunities for America’s manufacturers. Nearly two years later the National Association of Manufacturers is reporting its highest ever level of positive sentiment among members, 91.3%. Of the quarterly assessment number, CEO Jay Timmons said “We used to be happy when that number would get up to the […]

After eight years of relatively humdrum numbers under the Obama administration, during President Trump’s tenure, the ISM report on non-manufacturing businesses (the service industry) has boomed to near record highs. Sharon Nunn reports at The Wall Street Journal: The Institute for Supply Management on Wednesday said its nonmanufacturing index rose to 61.6 in September, the highest […]

Economists were surprised by the strong jobs numbers reported by ADP yesterday. Allison Prang reports: The U.S. private sector added 230,000 jobs in September, more than economists were expecting, with midsize businesses and the service sector continuing to dominate those gains, according to a report. Economists polled by The Wall Street Journal were expecting the […]

The U.S. has not seen anything like this in a long time: The economy is faring better than it has in a generation, with simultaneous gains among various demographic groups, reports the WSJ. Older workers, women, minorities, seniors and the less-educated all are faring better in the labor force today than they did under President […]

Growing exports pushed down the trade deficit in the second quarter, signalling U.S. economic strength. Sharon Nunn reported in The Wall Street Journal: “The trade gap narrowed to $101.46 billion in the second quarter from $121.71 billion in the first quarter” “Another part of the report showed companies have continued to move overseas money back […]

New data from the Census Bureau indicates that incomes for Hispanic households are soaring in the Trump economy. Hispanic households reached record high inflation adjusted income levels in 2017. CNSNews.com reports: The median household income for U.S. households in which the householder is Hispanic hit a record high of $50,486 in 2017, according to the Census […]

Unemployment is extremely low, wage growth is accelerating, and Americans are confident. Donald Trump is presiding over one of the strongest economies in decades. Trump has kept his promise to working class Americans by forcing unfair traders to come to the negotiating table, and cutting taxes on corporations so America can compete against its first […]

The Beltway press corps seems incapable of acknowledging that the health of the U.S. economy is more important than President Trump’s tweets about the health of the economy. However President Trump describes it, there’s no denying the good news, James Freeman reminds readers in the WSJ. Business creation reaches the highest level ever recorded in […]