PoliticalNews.me - Apr 01,2017 - President Trump Restores Confidence in the American Economy
“We’re going to win economically; we’re going to win with the economy.” – Donald J. Trump
BUILDING CONFIDENCE IN THE AMERICAN ECONOMY: Since President Donald J. Trump’s election, economic indicators have responded with record confidence to his pro-growth agenda.
Today, the National Association of Manufacturers released its Manufacturers’ Outlook Survey showing the highest level of optimism in 20 years.
The Dow Jones Industrial Average is up over 12 percent since Election Day 2016.
The Weekly Gallup Economic Confidence Index turned positive shortly after the President’s election and has remained positive for 19 consecutive weeks.
The Business Roundtable’s CEO Economic Outlook Index recently jumped 19 points, the largest jump since 2009.
The National Association of Home Builders Confidence Index currently is at its highest level in 12 years.
The Gallup Small Business Index reflects the most optimistic small business owners have been since July 2007.
The Conference Board Consumer Confidence Index recently soared to its highest level in more than 16 years.
The American Dream Index recently rebounded to 100.5, up from a 12-month low point in December, the final full month of the Obama administration.
EARLY PROGRESS: In just the first full month of President Trump’s Administration, the United States economy has already made promising strides in the job market.
In February, the President’s first full month in office, the U.S economy created 235,000 new jobs.
58,000 new construction jobs were created.
28,000 new manufacturing jobs were created.
In February, the U.S. unemployment rate fell to 4.7 percent.
In February, the U.S. labor force participation rose to 63 percent.
In February, long-term unemployment in the U.S. fell by 49,000.
IMPLEMENTING JOB CREATING POLICIES: President Trump is executing an agenda that favors the American worker.
President Trump signed a Presidential Memorandum creating the White House Office of American Innovation, which will implement policies and scale proven private-sector models to spur job creation.
President Trump ordered the United States to withdraw from the Trans-Pacific Partnership agreement and negotiations.
President Trump initially signed a Presidential Memorandum to clear roadblocks to construction of the Keystone XL pipeline and recently his Administration formally approved the project.
President Trump signed a Presidential Memorandum declaring that the Dakota Access pipeline serves the national interest and is being prepared to be put into service.
President Trump signed a Presidential Memorandum to help ensure that new pipeline construction and repair work uses materials and equipment from the United States.
CUTTING GOVERNMENT RED TAPE: President Trump has quickly taken steps to get the Government out of the way of job creation.
President Trump signed an Energy Independence Executive Order to help eliminate burdensome regulations on America’s energy industry.
President Trump directed each agency to establish a Regulatory Reform Task Force to identify costly and unnecessary regulations in need of modification or repeal.
President Trump has required that for every new Federal regulation, two existing regulations be eliminated.
President Trump directed the Department of Commerce to streamline Federal permitting processes for domestic manufacturing