CNBC surveyed its Global CFO Council to gain insight into the status of the global economy. “In the third quarter survey the CFO’s note that the only one economy in the world is currently …
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CNBC surveyed its Global CFO Council to gain insight into the status of the global economy. “In the third quarter survey the CFO’s note that the only one economy in the world is currently improving, the United States.”
As Investors Business Daily notes: The fact that the U.S. appears to be pulling away from the rest of the world hasn’t gone unnoticed, at least not in the White House. At a speech last week at the Economic Club of New Your, Trumps top economic adviser, Larry Kudlow, said, “The U.S. is the hottest economy in the world today. We’re crushing it.”
Latest 3rd quarter GDP forecast 4.4 percent. Retail sales for August $509 billion - 6.6 percent higher than August 2017.
Consumer sentiment second highest level since 2004.
Index of consumer expectations reached the highest level since 2004 due to favorable prospects for jobs and incomes.
Current economic conditions rose 91.1 percent. A 4.6 percent gain for the month, and a 7.9 percent gain for the year.
Industrial production rises to 4.9 percent.
I just spent a week in Las Vegas visiting an old friend. New building and construction are everywhere. My friend is involved with, electrical, communications, and security systems. He designs and manages there installations. He told me that unemployment is 2 percent and his company still needs employees to keep up with demand.
There is nothing stupid about this. But, you will not see these facts printed in the liberal newspapers or on the liberal TV news. We need to vote very wisely in November because we want our nation to keep increasing, and not fall back to the way it was.
Gary Price
Port Ludlow