American Confidence in the Economy Reaches 16-Year High

[easyt65]

Report: American Confidence in the Economy Reaches 16-Year High - Breitbart

"Americans are more confident about the economy now than in the past 16 years, according to a new report on consumer comfort data released Thursday.


Bloomberg reported that Americans felt more optimistic about the country’s economic state, personal finances, and the buying climate.

According to the data, the weekly consumer comfort index jumped to 51.4, the highest level it has been since August 19, 2001, when it was 49.6.

Consumers have a reason to be confident in the economy—stocks reached record highs, especially when Apple’s jump in earnings drove the Dow Jones average above 22,000 for the first time.

America also created one million jobs in the first six months President Trump has been in office and added 231,000 additional jobs in June alone. The increase in job openings, not just in newly created jobs, also give many Americans, especially the low-income and unemployed, a reason to be confident in the economy."

What was that term, again? Oh yeah..... "WINNING!"

 

[gipper]

We will see if NBC, CBS, ABC, CNN, etc reports this. Bloomberg is generally a left wing outfit, so maybe they will.

 

[Weatherman2020]

Change you can believe in.

 

[Moonglow]

Meanwhile, the dollar is weak, car and housing sales slumps, 2 million jobs created in 2016...So what is all this winning, all I hear is sucking noises..Go team-rah..

 

[Weatherman2020]

Meanwhile, the dollar is weak, car and housing sales slumps, 2 million jobs created in 2016...So what is all this winning, all I hear is sucking noises..Go team-rah..

2 million jobs were created in 2016? Where, Thailand?

BTW - a weak dollar is good, makes foreigners want to buy our stuff.

 

[Moonglow]

Meanwhile, the dollar is weak, car and housing sales slumps, 2 million jobs created in 2016...So what is all this winning, all I hear is sucking noises..Go team-rah..

2 million jobs were created in 2016? Where, Thailand?

BTW - a weak dollar is good, makes foreigners want to buy our stuff.

In the USA the job increase numbers are almost identical in the years of 2016 and so far in 2017..No great increases or extra winning..you chauvinist will need a better record to brag about...
https://www.bls.gov/news.release/pdf/empsit.pdf

 

[Moonglow]

Meanwhile, the dollar is weak, car and housing sales slumps, 2 million jobs created in 2016...So what is all this winning, all I hear is sucking noises..Go team-rah..

2 million jobs were created in 2016? Where, Thailand?

BTW - a weak dollar is good, makes foreigners want to buy our stuff.

In the USA the job increase numbers are almost identical in the years of 2016 and so far in 2017..No great increases or extra winning..you chauvinist will need a better record to brag about...
https://www.bls.gov/news.release/pdf/empsit.pdf

I am not worried about foreigners buying and making our stuff, I prefer to observe my buying power, which is diminished..

 

[NYcarbineer]

Report: American Confidence in the Economy Reaches 16-Year High - Breitbart

"Americans are more confident about the economy now than in the past 16 years, according to a new report on consumer comfort data released Thursday.


Bloomberg reported that Americans felt more optimistic about the country’s economic state, personal finances, and the buying climate.

According to the data, the weekly consumer comfort index jumped to 51.4, the highest level it has been since August 19, 2001, when it was 49.6.

Consumers have a reason to be confident in the economy—stocks reached record highs, especially when Apple’s jump in earnings drove the Dow Jones average above 22,000 for the first time.

America also created one million jobs in the first six months President Trump has been in office and added 231,000 additional jobs in June alone. The increase in job openings, not just in newly created jobs, also give many Americans, especially the low-income and unemployed, a reason to be confident in the economy."

What was that term, again? Oh yeah..... "WINNING!"

That might contribute to the reasons that Trump is at 38% approval,

not 28% approval.

 

[Moonglow]

Report: American Confidence in the Economy Reaches 16-Year High - Breitbart

"Americans are more confident about the economy now than in the past 16 years, according to a new report on consumer comfort data released Thursday.


Bloomberg reported that Americans felt more optimistic about the country’s economic state, personal finances, and the buying climate.

According to the data, the weekly consumer comfort index jumped to 51.4, the highest level it has been since August 19, 2001, when it was 49.6.

Consumers have a reason to be confident in the economy—stocks reached record highs, especially when Apple’s jump in earnings drove the Dow Jones average above 22,000 for the first time.

America also created one million jobs in the first six months President Trump has been in office and added 231,000 additional jobs in June alone. The increase in job openings, not just in newly created jobs, also give many Americans, especially the low-income and unemployed, a reason to be confident in the economy."

What was that term, again? Oh yeah..... "WINNING!"

That might contribute to the reasons that Trump is at 38% approval,

not 28% approval.

I think people are starting to catch on why everyone ignores the white elephant in the room(Trump).

 

[Wry Catcher]

Report: American Confidence in the Economy Reaches 16-Year High - Breitbart

"Americans are more confident about the economy now than in the past 16 years, according to a new report on consumer comfort data released Thursday.


Bloomberg reported that Americans felt more optimistic about the country’s economic state, personal finances, and the buying climate.

According to the data, the weekly consumer comfort index jumped to 51.4, the highest level it has been since August 19, 2001, when it was 49.6.

Consumers have a reason to be confident in the economy—stocks reached record highs, especially when Apple’s jump in earnings drove the Dow Jones average above 22,000 for the first time.

America also created one million jobs in the first six months President Trump has been in office and added 231,000 additional jobs in June alone. The increase in job openings, not just in newly created jobs, also give many Americans, especially the low-income and unemployed, a reason to be confident in the economy."

What was that term, again? Oh yeah..... "WINNING!"

We can all now thank President Obama for his leadership in bringing our economy from the brink of Depression, left him by the previous administration, and hope that Trump's inexperience, know-it-all arrogance and selfishness won't lead us further into the abyss, aka, a nation wherein the power elite thrive and the vast majority struggle.

 

[Wry Catcher]

Report: American Confidence in the Economy Reaches 16-Year High - Breitbart

"Americans are more confident about the economy now than in the past 16 years, according to a new report on consumer comfort data released Thursday.


Bloomberg reported that Americans felt more optimistic about the country’s economic state, personal finances, and the buying climate.

According to the data, the weekly consumer comfort index jumped to 51.4, the highest level it has been since August 19, 2001, when it was 49.6.

Consumers have a reason to be confident in the economy—stocks reached record highs, especially when Apple’s jump in earnings drove the Dow Jones average above 22,000 for the first time.

America also created one million jobs in the first six months President Trump has been in office and added 231,000 additional jobs in June alone. The increase in job openings, not just in newly created jobs, also give many Americans, especially the low-income and unemployed, a reason to be confident in the economy."

What was that term, again? Oh yeah..... "WINNING!"

That might contribute to the reasons that Trump is at 38% approval,

not 28% approval.

I think people are starting to catch on why everyone ignores the white elephant in the room(Trump).

White? Orange seems appropriate

 

[Moonglow]

Report: American Confidence in the Economy Reaches 16-Year High - Breitbart

"Americans are more confident about the economy now than in the past 16 years, according to a new report on consumer comfort data released Thursday.


Bloomberg reported that Americans felt more optimistic about the country’s economic state, personal finances, and the buying climate.

According to the data, the weekly consumer comfort index jumped to 51.4, the highest level it has been since August 19, 2001, when it was 49.6.

Consumers have a reason to be confident in the economy—stocks reached record highs, especially when Apple’s jump in earnings drove the Dow Jones average above 22,000 for the first time.

America also created one million jobs in the first six months President Trump has been in office and added 231,000 additional jobs in June alone. The increase in job openings, not just in newly created jobs, also give many Americans, especially the low-income and unemployed, a reason to be confident in the economy."

What was that term, again? Oh yeah..... "WINNING!"

That might contribute to the reasons that Trump is at 38% approval,

not 28% approval.

I think people are starting to catch on why everyone ignores the white elephant in the room(Trump).

White? Orange seems appropriate

Then orange it be...

 

[easyt65]

Snowflakes can not bring themselves to acknowledge all the positive that has resulted from Trump being elected. Their pride and Butt-Hurt won't allow them to. Sad...but not unexpected.

 

[Moonglow]

Snowflakes can not bring themselves to acknowledge all the positive that has resulted from Trump being elected. Their pride and Butt-Hurt won't allow them to. Sad...but not unexpected.

In our area it was picking up two years ago and has been great for working...Trump being elected hasn't changed anything...and it won't until tax reform hits the books, that is what we are all waiting on, along with healthcare reform..But the GOP is failing in its mandate from the masses..

 

[Wry Catcher]

Snowflakes can not bring themselves to acknowledge all the positive that has resulted from Trump being elected. Their pride and Butt-Hurt won't allow them to. Sad...but not unexpected.

You're insane. That is the only explanation for your continued Pollyanna response to the most unfit, incompetent and thoughtless person to ever occupy the office of POTUS.

 

[Dragonlady]

Yesterday there was a big "adjustment" in the stock market. You can call it "a round of profit taking", an "adjustment" but it still translates into a 200 point loss.

In reading the Bloomberg Report, those making less than $50,000 a year are less confident for their futures. Only 37% of those people think their future is bright. Probably the same 37% of low income Americans who foolishly voted for Trump.

 

[Moonglow]

There is also a retail slump....Thanks Trumpet for all the traditional retail sales stores closing...That man can do nothing right..

 

[gipper]

Snowflakes can not bring themselves to acknowledge all the positive that has resulted from Trump being elected. Their pride and Butt-Hurt won't allow them to. Sad...but not unexpected.

You're insane. That is the only explanation for your continued Pollyanna response to the most unfit, incompetent and thoughtless person to ever occupy the office of POTUS.

You too are watching too much DNC TV. Stop now if you value your mental health. However it may be too late.

 

[whitehall]

Sixteen years would be the end of the Clinton administration but that was based on the dot-com confidence which turned out to be phony like most of the shyster Clinton agenda. This is real confidence in a real economy and you probably have to go back to the Reagan years for that. Notice that there is no mention of Obama.

 

[Wry Catcher]

Yesterday there was a big "adjustment" in the stock market. You can call it "a round of profit taking", an "adjustment" but it still translates into a 200 point loss.

In reading the Bloomberg Report, those making less than $50,000 a year are less confident for their futures. Only 37% of those people think their future is bright. Probably the same 37% of low income Americans who foolishly voted for Trump.

Thank you, that figure ($50,000) is nearly 50% of family income in our country; the mean is a bit above at $52,000. Our economy is driven by consumer spending***.

The Republican Party's attack and opposition to Labor Unions, Minimum wage and UE is misguided and geared not to benefit the nation, but to increase profits to the few. Of course they no longer use the phrase Trickle Down, since everyone knows but few will admit that is a fiction.

***The average American spends $55,978, Two-thirds of consumer spending is on services, such as housing and healthcare. Nearly one-quarter is spent on non-durable goods, such as clothing and groceries. The rest is spent on durable goods, such as automobiles and appliances.
Consumer Spending Up 2.1 Percent During Holiday Season