Wednesday, 8 November 2017

Trump’s grade on the economy ticks back up to A-

In the year since Donald Trump won the U.S. presidency, earnings have crept upward, employers have added 1.8 million jobs, and the stock market has soared by 22%. That’s enough to boost Trump’s grade on the economy to A- in the latest installment of the Yahoo Finance Trumponomics Report Card.

Trump’s initial grade was a B when we launched the report card in May. Strong job growth — including the manufacturing sector — and the seemingly unstoppable stock market pushed his grade to B+ over the summer, then to A- in September. The grade fell by one notch after a weak employment report for September, which was largely due to hurricanes that slammed Texas and Florida. But hiring came back strong in October, pushing the grade back to A-.

By Rick Newman.

Full story at Yahoo News.

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