The Economy

Tired of hearing about how bad the Economy is under Biden/Harris?

Consider these numbers

  1. Jobs-254000 new non farm jobs created in September. Unemployment near 4%-a very low number historically.
  2. Manufacturing Jobs not including Pandemic-Biden has seen an average monthly increase of 18,200 manufacturing jobs per month, compared to 11,600 per month pre-pandemic under Trump
  3. Interest Rates on CDs between 4 and 5%
  4. Stock Market-up 22% to historic high in 2024.
  5. Inflation Rate has dropped to the historic norm of 2.4%
  6. Gas prices have dropped. Some locales are paying under $3 per gallon.
  7. Wages-Increases for all workers have outpaced inflation for the past year. Real average hourly earnings increased 1.5% from September 2023 to September 2024. This is due to a combination of wage growth and falling inflation.

Finally the headline from the Economist newspaper on Monday

The American economy has left other rich countries in the dust

Author: TTDem Committee

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Tredyffrin Township Democratic Committee
PO Box 251
Paoli, PA 19301

info@ttdems.com

 


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