Manufacturing Employment Up 495,000 Jobs; Way To Go President Trump
Using data from the Bureau of Labor Statistics TheRightFacts.org found that President Trump has fulfilled another one of his 2016 campaign promises…a BIG one. Over the past 38 months, the U.S. manufacturing sector has increased employment by 495,000.
A huge number of Jobs that have been created under this President. That’s up 423,000 over the trend. That more than reverses the decline in manufacturing employment over the previous 38 months of 277,000 jobs.
There has been an Increasing demand for manufactured goods, which has contributed to the amount of manufacturing jobs created, as well as expensing provisions in the 2017 tax act. Which all contributed to the re-emergence of the manufacturing sector. Just as Trump predicted.
The most recent PMI indicates an expansion in the U.S. manufacturing sector despite global headwinds – this is an absolutley positive indicator that their are great things ahead for the country.
Way To Go Mr. President!
Here are the key things you need to know:
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- U.S. manufacturing employment continues to emerge from its secular decline.
- Manufacturing employment remains well about its pre-2017 trend, with the economy adding 423,000 manufacturing jobs since December 2016 relative to a linear trend estimated from January 2015 through December 2016.
- The net change in manufacturing employment since December 2016 has been 495,000 manufacturing jobs.
- The outlook for the manufacturing sector is positive, with January’s purchasing managers index (PMI) increasing 3.1 percentage points from December and expanding for the first time after a five-month contraction.
To see how the The U.S. is doing under the impeccable leadership of this President, in all of the important labor categories, take a look at the official government Labor Bureau page below:
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