May 7, 2019
In case you missed it, middle-class Americans are continuing to see higher wages, jobs added to our communities and consumer confidence skyrocketing all thanks to President Trump’s historic economic agenda.
Over the last two years under President Trump, there have been 5.4 million new jobs created, the unemployment rate dropped to 3.6% (lowest point since 1969), and hourly earnings have increased at a 3.2% pace – and small businesses don’t see the good news slowing down any time soon. In fact, a recent poll stated 84% of small business owners are forecasting another year of a humming economy.
President Trump has created a more prosperous nation and South Carolinians are looking forward to re-electing leadership that will continue to smash economic expectations and keep our nation open for business.
“Thanks to President Trump, our economy is flourishing with higher wages and Americans are seeing job growth at record rates. South Carolinians are looking forward to re-electing leadership that fights for working Americans and continuing to build upon all of the economic progress we’ve seen over the last two years.” – RNC Spokesperson Joe Jackson
Check out the below:
Small businesses booming, 84% see another good year
May 6, 2019 – 10:31 AM
Main Street small businesses, boosted by the surging economy, are forecasting another good year.
The latest Wells Fargo/Gallup Small Business Survey found that 84 percent believe their company’s financial situation “will be either very good or somewhat good one year from now.”
Also, nearly 80 percent call their current fiscal situation very or somewhat good.
And 7-in-10 told the survey that they are “more optimistic than pessimistic” about the next 12 months.
The survey results come as the economy continues to hum at an unexpected 3.2 percent growth rate and as job creation expands. Unemployment is at a 49-year low.
From the “Bottom Line” section of the analysis:
Small-business owners remain positive about their companies’ financial situations and are upbeat about the outlook for their business going forward. The 2017 Tax Cuts and Jobs Act appears to be a non-issue, as many owners so far have not felt any impact from it, and those who have are slightly more likely to say it has helped than hurt their business.
Owners are also mostly positive, about the current national economic environment with relatively few expecting it to worsen in the coming year. Nevertheless, whatever the economy brings, owners’ feel that they are prepared to weather whatever economic changes occur.