MAGAnomics Is Kicking Ass & There Is Nothing They Can Do To Stop It

Another day and more winning for Americans and the Economic Train! No matter what they try to do, it isn’t going to work.

From the article linked above:

The U.S. Census Bureau said new home sales in November 2018 came in at a seasonally adjusted annual rate of 657,000, crushing the 560,000 consensus forecast.

The forecasts ranged from a low of 535,000 to a high of 581,000, with the actual number coming in way above the high end.

The figure for November is 16.9% higher than the revised October rate of 562,000, but 7.7% below the November 2017 estimate of 712,000.

From the article linked above:

The Labor Department (DOL) via the Bureau of Labor Statistics (BLS) reported Thursday that wages and salaries in the fourth-quarter (Q4) 2018 posted the largest gain since Q3 2008.

The 3.1% increase, which was included in the Employment Cost Index that came in at 0.7%, is the first time in more than a decade that wages and salaries broke 3%.

The Federal Reserve closely watches the Employment Cost Index, which also found compensation costs for civilian workers rose 2.9% for the 12-month period ending December 2018.

Compensation costs for private industry workers increased 3.0% over the year compared to a 2.6% gain in 2017.

17 thoughts on “MAGAnomics Is Kicking Ass & There Is Nothing They Can Do To Stop It

  1. From the article linked above:

    The European Commission approved U.S. soybeans to be used in the production of biofuels, a decision that will fulfill President Donald Trump’s demand that the European Union buy more of the product.

    “Today’s decision is new proof that the European Union is delivering on our commitments,” EU Commission spokesman Margaritis Schinas said Tuesday. “[T]his means that as of today it will be easier for U.S. soybeans to enter the EU market.”

    Liked by 13 people

  2. The crushing numbers on housing starts is music to my and Mr. Marica’s ears!!! This past week I had a listing appointment Every evening!! Starting next week–will be listing a new house each week for 6 weeks straight!!! This usually doesn’t start up until March!! Thanks Flep!!

    Liked by 12 people

        1. “Architect”… well No…. Not a licensed Architect….
          I am a designer, and draw plans with AutoCad.
          Here, Residential homes do not require an “Architects” stamp.
          I have designed around 100 homes that have been built…. and BUILT 4 on my own.

          Liked by 6 people

  3. Flep!

    Liked by 2 people

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