More Good Economic News

Aug 8, 2017

While it is underreported by the mainstream media the economy continues to rapidly improve under the Trump administration. The stock market continues to soar with record numbers consistently occurring. In addition, consumer spending in the United States is at its highest level in nine years.

On the jobs front 209,000 new jobs were created in July and the unemployment level is the lowest in 16 years. In the first six months of the Trump presidency one million new jobs have been created. These jobs are coming from a wide range of industries and wages are also increasing, although not as rapidly as was hoped. It is also important to note that many Americans who had given up are reentering the jobs market.