TRUMP Economy: 201,000 Jobs added in August 2018 … Unemployment at 3.9%

Another great jobs report courtesy of the Trump economy ….

As reported at CNBC, 201,000 jobs added to the U.S. economy in August as payroll and wage growth both beat expectations. Economists were predicting a 195,000 payroll gain. Jobs, jobs and more jobs added. Welcome to the Trump economy.

Long-awaited wage growth posted a recovery high in August while payroll gains beat expectations and the unemployment rate held near a generational low of 3.9 percent, according to a Bureau of Labor Statistics report Friday.

Average hourly earnings rose 2.9 percent for the month on an annualized basis, while nonfarm payrolls grew by 201,000. Economists surveyed by Reuters had been expecting earnings to rise 2.7 percent, payrolls to increase by 191,000 and the jobless level to decline one-tenth of a point to 3.8 percent.

The biggest contributor to job gains was professional and business services, which added 53,000. Heath care grew by 33,000, wholesale trade rose by 22,000, and transportation and warehousing contributed 20,000 to the total.

There also were 6,000 new mining jobs in a profession that has added 104,000 positions since October 2016, primarily in support activities.

Construction also grew by 23,000, though manufacturing lost 3,000 positions.

Average hourly earnings increased 10 cents for the month to $27.16.

More Economic Winning: 83% Executives Say Business is Better, 76% See More Growth

MORE ECONOMIC WINNING WITH SOME PUZZLING UNDERLYING DATA …

According the the Washington Examiner, 83% of executives say business is better and 76% see more growth. This is more economic winning under the Trump presidency. However, there are a couple of disturbing quirky elements from this data. Despite the GOP tax cuts that have helped businesses, the executives prefer Democrats in the upcoming midterm congressional elections and also believe that Democrats are better for business. HUH? This makes entirely no sense. The reason why the economy is booming is because President Donald Trump and Republicans lowered taxes and roll back regulations. There was not one vote from Democrats. Also, Democrats are on record that they want to repeal the Trump tax cuts, how could Democrats ever be good for business or growth?

Over eight-in-10 executives believe that business is better than it was two years ago, and almost as many expect further growth in the third year of the Trump administration, according to a new survey of decision makers.

The Zogby Poll from Zogby Analytics, provided to Secrets Friday, also found that both big and small businesses see the economic climate in great shape.

“An overwhelming majority (83 percent) of respondents said business is doing better compared to two years ago. Whether this sentiment is the result of actions put forth during the Obama presidency or Trump presidency is up for debate and will be divided along partisan lines, but at the moment there is momentum building in the U.S. economy,” said the trademarked survey.

America, it was the Trump & GOP tax cuts and his roll back of regulations that has caused to economic boom. The reason why the DOW is up over 8000 since Trump’s election, why the S&P 500 and NASDAQ surged to record highs and why the US consumer confidence has rose to an 18-year high, why we are all-time lows with Black and Hispanic unemployment, small business optimism at 35-year high and why the U.S. Second-Quarter GDP 4.1%, adjusted to 4.2%!!!

FOLKS, THAT IS PRESIDENT DONALD TRUMP AND REPUBLICANS WHO ARE RESPONSIBLE, NOT DEMOCRATS. If you want all this to end and if you want to stop winning, vote Democrat in the midterms and watch it all crash.

S&P 500, Nasdaq Surge to Record Highs, DOW Up 250+ as US and Mexico Strike Trade Deal

ANOTHER WIN FOR PRESIDENT DONALD J. TRUMP AND AMERICA …

The Trump administration and Mexico have negotiated a new trade deal to replace NAFTA and the markets are gaining in a huge way. Candidate Trump promised during the 2016 presidential campaign that he would end NAFTA and replace it with a better deal for America and American workers. He has done it! And the markets loved it and surged on the news. The S&P 500 gained 0.8% to close at 2,896.74, a record high. The Nasdaq Composite climbed 0.9% to an all-time high, breaking above 8,000 points for the first time. The Dow Jones Industrial Average rose 259.29 points to 26,049.64.

Stocks jumped on Monday as the United States and Mexico closed a new trade deal, potentially removing a source of uncertainty that had been plaguing investors for months.

The S&P 500 gained 0.8 percent to close at 2,896.74 — a record high — with materials and financials as the best-performing sectors. The Nasdaq Composite climbed 0.9 percent to an all-time high, breaking above 8,000 points for the first time, as Facebook, Amazon, Netflix and Alphabet rose. Tech’s gains led the Nasdaq to close at 8,017.90.

The Dow Jones Industrial Average rose 259.29 points to 26,049.64 as Caterpillar outperformed. Monday also marked the first time since Feb. 1 that the Dow closed above 26,000.

“The market has been buffeted with a lot of headwinds lately, and the biggest one is trade,” said Art Hogan, chief market strategist at B. Riley FBR. “If you were to take trade out of the picture, you would have a smoother ride higher in this market.”

President Donald Trump said the deal would be called The United States-Mexico Trade agreement, leaving behind the 24-year-old NAFTA name. “The name NAFTA has a bad connotation because the United States was hurt very badly by NAFTA,” he said. Trump added that the deal with Mexico is also very helpful for farmers and manufacturers. U.S. Trade Representative Robert Lighthizer said the deal must be approved by Congress before being implemented.

Target CEO Says About the Economy: This is the best consumer environment ‘I’ve seen in my career’

JUST SAY THANK YOU PRESIDENT TRUMP AND THE DEPLORABLES WHO VOTED FOR HIM …

As reported at CNBC, Target CEO Brian Cornell raved about the state of the economy stating that this is the best consumer environment ‘I’ve seen in my career’. Target saw an unprecedented growth in same-store sales and foot traffic during the second quarter. But wait, I thought the internet was the destruction of bricks and mortar stores? The fact of the matter is that in a great economy, all succeed. Does that mean all, of course not. But when a President like Trump creates an environment conducive to business, stability and rids business of unnecessary regulations, look what is possible. It is no accident that this occurred while Donald Trump was in office and it would appear that the LEFT, Democrats and the liberal MSM all want this to go away. They want to be back in power and back to the old ways when the economy barely moved along.

Consumer spending is back and has never been better as far as Target CEO Brian Cornell is concerned.

“There’s no doubt that, like others, we’re currently benefiting from a very strong consumer environment — perhaps the strongest I’ve seen in my career,” Cornell told analysts on a call Wednesday.

The retailer’s shares are surging after reporting fiscal second-quarter results that beat on earnings, revenue and comparable store sales. Just when many investors have written off brick-and-mortar retailers in the era of Amazon, Target is seeing a huge jump in foot traffic.

“We’re seeing a great consumer response … unprecedented traffic. As we go back and look, we’ve never seen traffic growth like this,” Cornell said Wednesday morning on CNBC’s “Squawk Box.”

The big-box retailer also said digital sales skyrocketed more than 40 percent during the second quarter, as it’s been investing in adding more items to its website and adding more delivery options for online orders. Building on that momentum, Target raised its earnings outlook for the full year.

America, this is what Making America Great Again looks like … keep it going. But a word of warning, it will never look like it is today with a Democrat controlled Senate or House of Representative, Think about that come election day.

Youth Unemployment Hits 52-Year Low … Making America Great Again for the Youth Too

DON’T LOOK NOW BUT TRUMP IS GOOD FOR MILLENNIAL JOBS ALSO …

In a WSJ article, Youth unemployment has hot a 52 year low. Youth unemployment is the unemployment of young people, defined by the United Nations as 16–24 years old. Many of these people for the past 8 years of Obama and final years of GWB have struggled to ever be employed. A 24 year old youth may have never been able to get a job due to the bad economy, restriction of jobs available and older individuals having to take positions that were once deemed high school jobs.

NO LONGER.

As stated at the WSJ, Americans between the age of 16 and 24 had its lowest midsummer jobless rate since 1966. This is what President Donald Trump’s “Make America Great Again” means. Individuals who have suffered previously, once again have a chance to grow and prosper. This youth unemployment low is in line with the record low unemployment rates for blacks, Hispanics, Asians and women. The economy is roaring and it is due to Trump cutting regulations, the Republican-Trump tax cuts and creating a table environment for business to flourish.