Brain357
Platinum Member
- Mar 30, 2013
- 37,068
- 4,189
- 1,130
- Thread starter
- #121
And you just talk BS. Border is worse, trump policy not working.Border seems to be worse than ever.
Thanks to the Dems blocking all funding
trump has not won the trade war with China. Stock market stagnant for a year.
Thats an ignorant lie. News stories already say the opposite.
We were told getting rid of regulations would be great for economy. GDP growth weak.
Another lie. You're just a weasel lying sack of shit aren't you. Your name should be Braindead, IQ 0.357
Here, learn something you sniveling idiot:
How Is the US Economy Doing?
Six Facts That Tell You How the Economy Is Really Doing
BY KIMBERLY AMADEO Updated August 02, 2019
6 Facts That Tell You How the Economy Is Really Doing
There are six facts that tell you how the economy is doing. Economists call them leading economic indicators because they measure the early influencers on growth. In July 2019, they report that the economy is doing well. It has steady growth, low unemployment, and little inflation. That's called the Goldilocks economy because it's neither too hot nor too cold
1) 164,000 Jobs Added In July 2019 = Strong
In the Non-farm Payroll Report, the Bureau of Labor Statistics surveys how many workers businesses added to their payroll each month. It doesn't count farm workers because farming is seasonal. A healthy economy will create 150,000 jobs on average. Companies will only add workers when they have enough demand to keep them busy.
Manufacturing jobs are an especially important indicator. According to the National Association of Manufacturers, the 12.75 million Americans who work in manufacturing earn an average $84,832 a year, including benefits. When manufacturers start laying them off, it means the economy will be heading into a recession. For example, manufacturers hired fewer workers starting in October 2006 when compared to the prior year.
The unemployment rate is also reported. It's a lagging indicator and so isn't as useful a statistic. Companies usually wait until a recession is well underway before laying off workers. It also takes a while to reduce the unemployment rate, even after hundreds of thousands of new jobs are being created.
Number 2-6: CLICK HERE
There is no sign to the end of trade war. Stock market stagnant.
Even with insane spending gdp growth barely better than Obama.
Labor force participation still low.