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.





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