Great news (if you love America) Tariff Job Gains Exceed Losses by 20:1 - Thanks Trump!!
 

Washington. Earlier this week, the Coalition for a Prosperous America (CPA) published details of its new ‘Tariff Job Creation Tracker’ that tallied US manufacturing jobs gained in the wake of recent tariff actions. CPA found 11,100 jobs announced or planned in four major sectors affected by tariffs. These results have now prompted a corresponding study of job losses related to the tariffs. To date, CPA has identified only 514 jobs lost specifically due to tariffs—which means that job gains exceed job losses by a 20:1 ratio.

CPA Chair Dan DiMicco said, “We keep hearing stories abut the sky falling because of President Trump’s strong hand in enforcing existing US trade laws. But the past six months have shown impressive job creation in skilled, high-wage sectors against only very negligible, accompanying job losses.”

The jobs gained and lost were tracked by CPA's research team, led by economist Jeff Ferry. All of the jobs tracked refer to changes that have either happened or been publicly announced by the companies involved. Ferry notes that none of the numbers are estimated; they all come from the companies cited.

Said Ferry, “Six months after the first of these tariffs came into effect, we’ve seen commitments to create over 11,000 new jobs and only some 500 job reductions. This shows that tariffs are an effective and powerful way of stimulating growth in domestic manufacturing sectors.”

Michael Stumo, CEO of the CPA, said, “The early returns show strong positive job creation. And there will undoubtedly be greater job growth as more sectors receive attention from the administration.”

Tariff Job Gains Exceed Losses by 20:1 - CPA

http://tradepartnership.com/wp-conte...BriefJune5.pdf

As predicted.. tariffs on steel would increase American jobs by 22,000!!!

magna

It also goes on to say some 400,000 jobs will be lost, but those mining and steel jobs are back!


Also

The article you linked it seems Nucore is the main steel business they're getting their stats from

Dan DiMicco - CPA

Ceo of Nucore is also head of.. prosperousamerica.org

Don't let facts get in your way though.. live the dream!

The FED raising interest rates and the rising dollar is not good for this market. It puts more stress on multinationals. I'm surprised we are still making new highs. The market can stay irrational longer than one can stay rational.

I did not read what OP wrote but I already know 2 things:

1) the news source is some "truthpundit.com" equivalent, alternate reality, blog

2) the news is BS


In fact, I am so sure, I will not even bother checking...

what new highs you are talking about ?

the problem is already visible (earlier as I expected them)
look the 3-year charts from GM, Ford, GE, Whirlpool, Harley Davidson etc etc - and you will see that after the short high because of the tax reform they are on the way down.

winners are the companies what are producing outside the US (i.e. coca cola, apple, qualcom etc.)

let´s look at the important indicators:

The July PMI registered 58.1 percent, a decrease of 2.1 percentage points from the June reading of 60.2 percent.

The New Orders Index registered 60.2 percent, a decrease of 3.3 percentage points from the June reading of 63.5 percent.

The Production Index registered 58.5 percent, a 3.8 percentage point decrease compared to the June reading of 62.3 percent.

The Supplier Deliveries Index registered 62.1 percent, a 6.1 percentage point decrease from the June reading of 68.2 percent.

the even more interessting part is that these indexes are usually going up in july and not down.

The Prices Index registered 73.2 percent in July, a 3.6 percentage point decrease from the June reading of 76.8 percent, indicating higher raw materials prices for the 29th consecutive month.

and imagin these are just the newest data and they do not show much as there is still
taxcut-money in the market what can be invested (mostly in buying own shares back what let the DOW at least stay on it´s level since 6 month).

this numbers are the beginning only and as i said I did not even expect them that fast.

another funny thing is the story about amazon is "robbing" usps - we all remeber that.
well, bezos reacted and changed a lot since that. especially using own and private delivery.

and here we go to the 2nd quarter result of usps:

The controllable loss for the quarter was $656 million, compared to controllable income of $12 million for the same quarter last year.

but it does not make sense to explain that to a brainwashed with no economic skills.
he will find out later and blame obama for it.

You're such a sourpuss thommy.

not really - i just gave up to hope that there will be space for brain in a head that is already fully occupied from shit.

all that here reminds me on a pub here in there near where all the broken expats are meeting every day and cry about their miserable life.
they mostly do not only know the names of the cheapest spirit they also know how to resolve all the problems in the world.

each of these bums thinks he's the world's greatest economist and misunderstood leader.

The Triangle bar? The worst expats are the ones sitting everyday with a beer in front of 7-11, that is the cheapest.

But....

http://rochardsbunnyranch.com/rock/emails.jpg