Dschrute3
Gold Member
- Dec 10, 2016
- 15,572
- 1,871
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We know Democrats are desperately hoping for the Economy to collapse going into the Midterms, but it doesn't look like it's gonna happen. Recent incredible Job numbers really have them spooked. That 'Blue Wave Landslide' they keep boasting about, may be all gone. They're in for a long gloomy Summer.
The US economy suddenly looks like it's unstoppable
In the face of persistent fears that the world could be facing a trade war and a synchronized slowdown, the U.S. economy enters June with a good deal of momentum.
Friday's data provided convincing evidence that domestic growth remains intact even if other developed economies are slowing. A better-than-expected nonfarm payrolls report coupled with a convincing uptick in manufacturing and construction activity showed that the second half approaches with a tail wind blowing.
"The fundamentals all look very solid right now," said Gus Faucher, chief economist at PNC. "You've got job growth and wage gains that are supporting consumer spending, and tax cuts as well. There's a little bit of a drag from higher energy prices, but the positives far outweigh that. Business incentives are in good shape."...
The US economy suddenly looks like it's unstoppable
DRUDGE REPORT 2018®
The US economy suddenly looks like it's unstoppable
In the face of persistent fears that the world could be facing a trade war and a synchronized slowdown, the U.S. economy enters June with a good deal of momentum.
Friday's data provided convincing evidence that domestic growth remains intact even if other developed economies are slowing. A better-than-expected nonfarm payrolls report coupled with a convincing uptick in manufacturing and construction activity showed that the second half approaches with a tail wind blowing.
"The fundamentals all look very solid right now," said Gus Faucher, chief economist at PNC. "You've got job growth and wage gains that are supporting consumer spending, and tax cuts as well. There's a little bit of a drag from higher energy prices, but the positives far outweigh that. Business incentives are in good shape."...
The US economy suddenly looks like it's unstoppable
DRUDGE REPORT 2018®
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