THE DECEMBER JOBS REPORT SHOWED JOBS WERE UP, UNEMPLOYMENT IS DOWN, AND WAGES ARE RISING

• The jobs report showed the economy gained 50,000 jobs in December.
• 47,000 Leisure and hospitality jobs were added in December.
• 27,200 Food services jobs were added in December.
• Under President Trump, 100% of job growth is in the private sector and the economy has added hundreds of thousands of private sector jobs since he took office.
• All job growth comes from native-born Americans , while the number of foreign-born workers has declined.
• The unemployment rate fell to 4.4%, beating expectations.
• The unemployment rate decreased for Hispanic and Black Americans last month. 
• Federal government employment is down 277,000 since reaching its peak in January.
• The federal employment rate is at its lowest level in over a decade, showing that President Trump is cutting waste within our bloated government.
• Real wages are on track to rise by 4.2% in the first full year of the Trump Administration – far outpacing inflation.
• The December jobs report showed average hourly earnings are up 3.8% from one year ago.
• After years of massive price increases under Biden, inflation has plummeted with the latest data showing core inflation at its lowest point in five years.
• Productivity jumped from 3.3% to 4.9%, the fastest pace in two years.

WHAT THEY’RE SAYING ABOUT THE TRUMP ECONOMY

• Economist Stephen Moore: “We just got a report… that says we grew at 5.3%… this is an absolutely booming economy.”
• Economist Jake Oubina: “You have something in the order of almost $200 billion to individuals this year… disposable income that’s going to be growing double-digit.”
• American Investor Louis Navellier on President Trump’s successful tariffs: “They are generating revenue. It has created a tremendous amount of onshoring which is definitely tied to GDP growth, especially with the pharmaceutical boom…”
• NEC Director Kevin Hassett on American manufacturing : “There have been… 35 now big factories that the President has negotiated… that has groundbreaking… everything is looking like the economy is ramping up at a really, really, high rate.”

PRICES ARE COMING DOWN

• President Trump is working to lower prices for goods after the record-high inflation under Joe Biden.
• Egg prices have fallen over $2.00 since President Trump took office.
• Standard household items like spaghetti and macaroni , white bread, ice cream and tomatoes have all seen prices decrease since President Trump took office.
• The Breakfast Basics Index — which measures the price of three eggs, a glass of milk, a bagel, and an avocado — decreased 14% between March and September and 1.7% over the past year.
• The Everyday Essentials Index — which measures the price of toothpaste, shampoo, toilet paper, laundry detergent, pain medicine, and diapers — fell over the past year.

GAS AND ENERGY PRICES ARE DOWN FROM BIDEN-ERA RECORD HIGH

• The Biden years saw the most expensive gas prices in American history.
• Biden oversaw the most expensive gas in the nation’s history when average gas prices reached $4.93 in June of 2022.
• Gas prices have hit a four-year low under President Trump as averages have fallen below $3.
• Americans are on track to spend the least amount of their disposable income on gas in the past two decades.
• Households heated by propane or heating oil will pay less to heat their homes this winter than last winter.

PRESIDENT TRUMP IS BRINGING DOWN DRUG PRICE

• President Trump is working to lower drug prices for Americans with his Most-Favored-Nation drug pricing plan.
• Thanks to an executive order signed by President Trump, Americans will pay less for prescription drugs.
• In July, President Trump sent a letter to the leading pharmaceutical manufacturers outlining how they must bring down the cost of prescription drugs to match the lowest price of other nations.
• President Trump has since announced over a dozen deals with major pharmaceutical manufacturers to bring drug prices down including Pfizer, AstraZeneca, Johnson & Johnson, and Eli Lilly.
• These unprecedented deals will lower costs for inhalers , arthritis medication, obesity drugs, and infertility medicine.
• Thanks to this unprecedented effort to get pharmaceutical companies to lower their prices for Americans, the president was able to launch TrumpRX. 
• This direct-to-consumer government website will allow Americans to purchase drugs at a discounted price negotiated by the government.

HOUSING AND RENT COSTS ARE COMING DOWN

• National median rent has fallen five months in a row as rent prices fell 0.8% in December.
• President Trump is making it more affordable for Americans to buy a home.
• Under the Biden administration, mortgage rates hit a 22-year high .
• President Trump has brought down the 30-year fixed mortgage rate from over 7% when he took office to 6.2% today.
• President Trump has vowed to lower mortgages with $200 billion bond purchases.

INVESTING IN AMERICANS

• Thanks to President Trump’s leadership, companies have invested trillions of dollars into U.S.-based operations, creating thousands of jobs for Americans.
• These sectors include manufacturing, technology, AI, pharmaceuticals, and energy.
• These opportunities are going to American born workers.
• The President’s Working Families Tax Cut will save or create up to 7.4 million jobs over the next four years.
• The Atlanta Fed 4^th Quarter GDP growth estimate increased to 5.4%.

PRESIDENT TRUMP’S TARIFFS ARE WORKING

• The trade deficit has narrowed to its lowest level since 2009 thanks to President Trump’s America First agenda. 
• U.S. exports are up 6% over last year, the second-highest number on record.
• The seasonally adjusted trade deficit with China has narrowed to its second-smallest since 2009.
• The Treasury Department recorded a surplus of $198 billion in tariff revenue which was the largest surplus of any September on record.
• An analysis from the Congressional Budget Office projected that President Trump’s tariffs will reduce total deficits by up to $4 trillion over the next decade.

REPUBLICAN STATES ARE LEADING THE CHARGE

• 16 of the top 19 states with the lowest unemployment rates are led by Republican governors.
• Meanwhile 8 of the states 12 states with the highest unemployment rates are led by Democrat governors.  

Originally published here.