A new Washington Post-ABC News poll shows that since President Donald Trump took office on January 20 the number of people who believe the economy is improving is at the highest level in 15 years, ThePost reported on Sunday. The Post leads its poll story saying the poll also shows Trump “as the least popular chief executive in modern times,” but despite that the poll also shows positive reaction to the president’s first 100 days in office — that number is reached next Saturday. “Trump’s first months in office have produced some tangible successes,” the Post reported. “Beyond the...Read More
Output at U.S. auto manufacturers fell unexpectedly in March by the most since August of last year, according to Federal Reserve data that was released on Tuesday. According to the data, the decline in output stems from a slow recovery at factories, as production only rose 0.8 percent last month from a year earlier. Factory production declined 0.4 percent, despite a 0.3 percent rise in February. Economist Paul Ashworth of Capital Economics claimed that despite the decline, the data shows “a marked improvement on last year when manufacturing output all but stalled due to the weakness of global demand and...Read More
Whenever the world starts going crazy, investors instinctively begin flocking to precious metals. So it wasn’t exactly a surprise when gold and silver prices started to move upward aggressively as global leaders continued to talk about the possibility of World War III and nuclear conflict. The price of gold spiked to a five month high on Tuesday, and as I write this article gold is currently sitting at $1277.10 an ounce. Right now silver is at $18.35 an ounce, and many analysts believe that it is poised for a dramatic jump in the weeks and months to come as...Read More
The jobs numbers are out and it’s looking good for the Trump economy. 263,000 new private sector jobs were added in March. Fox Business reports: U.S. private employers added 263,000 jobs in March, more than the number they hired in February and well above economists’ expectations, a report by a payrolls processor showed on Wednesday. Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 187,000 jobs, with estimates ranging from 110,000 to 225,000. Private payroll gains in the month earlier were revised down to 245,000 from the originally reported 298,000. Economists polled...Read More
Consumer’s confidence in March rocketed to the highest level more than 16 years, according to data released Tuesday. America’s middle class, in particular, registered huge gains in confidence. The Conference Board said its consumer confidence index soared to 125.6 in March, up from 116.1 in February. Economists had expected a decline to 114.1. Measures of consumer and business confidence continue to defy experts by climbing ever higher since the election of President Donald Trump. Despite media reports of hate crimes and an ongoing narrative that America has unentered a period of uncertainty and ill-will, surveys of consumers show that...Read More
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