An editorial in The Washington Times asks, “Are you better off than you were two years ago?” Duh, yeah!
In 2017, the U.S. unemployment rate fell to 4.4%, the lowest rate since 2000 and Americans’ optimism about the U.S. job market hit record highs.
Holiday retail sales during the final two months of 2017 not only exceeded forecasts, but also showed the strongest gain since the Great Recession. The National Retail Federation credited growing wages, stronger employment, and higher consumer confidence.
Toyota Motor Corp and Mazda Motor Corp have announced they will build a $1.6 billion joint assembly plant in Alabama. This plant will employ up to 4,000 workers and will produce 300,000 vehicles a year.