News Roundup! ADP Jobs Report, Consumer Confidence, Housing, Wage Rates, Canada, Venezuela, Judicial Army, Energy Dominance, Barr Testimony Synopsis….

As Americans focus on the Barr hearing, the Economic Train continues to steam across our country picking up passengers and running over her enemies. Our President shared this tweet earlier today. he knows that money talks and BS walks for a majority of Americans.

From the article linked above:

  • Private payrolls grew by 275,000 last month, the biggest increase since July, when they expanded by 284,000.
  • Services-providing jobs increased by 223,000 in April, led by a gain of 59,000 jobs in professional and business services.
  • “The job market is holding firm, as businesses work hard to fill open positions,” says Mark Zandi, chief economist at Moody’s Analytics.

The U.S. economy added far more jobs than expected in April as payrolls in the services sector grew by the most in more than two years, according to data released Wednesday by ADP and Moody’s Analytics.

Private payrolls grew by 275,000 last month, the biggest increase since July, when they expanded by 284,000. Economists polled by Dow Jones expected private payrolls growth of 177,000.

Services-providing jobs increased by 223,000 in April, led by a gain of 59,000 positions in professional and business services. Education and health services companies added 54,000 jobs while employment within the leisure and hospitality industry expanded by 53,000.

Goods-producing jobs — which include construction, manufacturing and mining — rose by 52,000, led by a 49,000 payrolls increase in construction. The economy added just 5,000 manufacturing jobs while mining employment declined by 2,000.

Overall, medium-sized businesses, those that employ 50 to 499 people, led the way in jobs creation last month by adding 145,000 jobs. Jobs within small businesses, meanwhile, increased by 77,000 while large companies hired 53,000.

From the article linked above:

NOTE: 70% of our quarterly and annual real GDP rate comes from consumer spending which is directly tied to consumer confidence!

The Conference Board Consumer Confidence Index rebounded strongly in April after declining in March, beating the forecast.

The Index now stands at 129.2 (1985=100), up from 124.2 in March. The consensus forecast was looking for 127.1, ranging from a low of 122.0 to a high of 130.0.

Consumers’ assessment of current conditions improved in April. The Present Situation Index – based on consumers’ assessment of current business and labor market conditions – rose, from 163.0 to 168.3.

Those stating business conditions are “good” rose from 34.7% to 37.3%, while those saying business conditions are “bad” fell from 12.4% to 11.7%.

Consumers’ assessment of the labor market was also more positive. The percentage stating jobs are “plentiful” rose from 42.5% to 46.8%, while those claiming jobs are “hard to get” fell from 13.8% to 13.3%.

From the article linked above:

Wages and salaries gained 2.9% for the 12-month period ending in March 2019, up from 2.7% for the 12-month period ending in March 2018. Benefit costs increased 2.6% for the 12-month period ending in March 2019. In March 2018, the increase was also 2.6%.

For private industry workers only, compensation costs rose 2.8% over the year, matching the gain in March 2018. Wages and salaries rose 3.0% for the 12-month period ending in March 2019, up from an increase of 2.9% in March 2018.

From the article linked above:

The National Association of Realtors (NAR) said pending home sales rebounded sharply in March, up 3.8% to 105.8 from 101.9 and beating the consensus forecast.

“We are seeing a positive sentiment from consumers about home buying, as mortgage applications have been steadily increasing and mortgage rates are extremely favorable,” Lawrence Yun, NAR chief economist said, predicting pending home sales will begin to climb consistently. 

From the article linked above:

A new Rasmussen Reports national telephone and online survey finds that a new high of 69% of American Adults think it is possible for anyone who really wants to work to find a job. Just 20% disagree. This compares to 68% and 24% respectively a year ago. Eleven percent (11%) remain undecided.

Meanwhile the majority of countries around the world are in serious trouble. Take Canada for example.

Meanwhile in Venezuela, Maduro no longer trusts his own military. He is now surrounded by Cuban troops.

This IMAGE from yesterday is why the 2A means everything! If you ever find yourself talking with a snowflake that wants the 2A abolished, share this with them.

Our President’s JUDICIAL ARMY is continuing to grow!

Secretary Perry is absolutely killing it! We are well on our way to being ENERGY DOMINANT.

Our Lion goes on the attack!

In case you forgot wants happens when the LION GETS up!

Tracy Beanz did an incredible job of giving a synopsis of the entire hearing if you missed it and would like to read about it.

I talk about that PENDULUM. It has a massive smile on its face because it is ready to swing to the right!

God bless PDJT and our FLOTUS!

We are living through historical times. What a time to be alive!

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