Council of Economic Advisers The rate of growth of the economy, also known as Gross Domestic Product or GDP, is one of the most important indicators of the health of our country’s economy. Today’s news did not disappoint; over the past year (4 quarters), our average annual growth rate has been a healthy 2.8 percent.
By 1600 Staff The Federal Reserve may be looking to raise interest rates soon on the heels on so amazing economic growth indicators. According to CNBC: The U.S. economy is running at a fast enough pace to justify continued interest rate increases, Federal Reserve Chairman Jerome Powell said Tuesday. Powell is delivering his semiannual testimony
“Your paychecks are going way up. Your taxes are going way down. And right now, for the first time in a long time—and you’ve seen it—factories are coming back.” President Donald J. Trump, speaking in Blue Ash, Ohio Six months ago today, President Trump signed the Tax Cuts and Jobs Act into law—the first major
By 1600 Staff The White House released a video showcasing the miraculous economic growth that Democrats like Hillary Clinton and Barack Obama never thought was possible. The results are stunning, and thankfully, they were wrong. RELATED: VIDEO: President Trump: “Democrats haven’t learned.”
Photo By Gage Skidmore Via Wikimedia Commons “This is our new American moment. There has never been a better time to start living the American Dream.” President Donald J. Trump THE ECONOMY IS BOOMING: The economy is expanding rapidly under President Donald J. Trump’s leadership. American optimism and excitement about the economy is growing under
Consumer and business confidence continues to soar as President Donald J. Trump’s tax reforms and policies are helping the U.S. economy take off after eight years of stagnation. WASHINGTON EXAMINER: Pew: Economy ‘Good-Excellent’ Rating Highest in 18 Years “Americans rating the economy good to excellent has surged to the highest point since former President George
WHAT: Last month, the U.S. economy added 313,000 jobs and the unemployment rate remained at its lowest level in 17 years. On Friday, the Labor Department reported the U.S. economy exceeded expectations and added an incredible 313,000 jobs in February, the biggest increase in two years. This means we have the highest average monthly job
Over the last week, American workers, businesses, and families have seen further news showing that America’s economy is back. MARKETWATCH: S&P 500 Breaks 54-Year-Old Record For All-Time Highs Notched In January “The U.S. stock market’s list of records seems to grow longer by the day. On Tuesday, the S&P 500 ended at its latest