Friends of Manufacturing

Economic Gauges Rise Under Trump, but Some Question Their Longevity

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Even before Donald Trump’s inauguration, he had already accomplished something that bedeviled his predecessor, President Barack Obama, for eight years: awakening the economy’s “animal spirits.”

A range of economic gauges climbed, from business and consumer confidence to the financial markets, as optimism surged, particularly among Republicans. The momentum was propelled by Mr. Trump’s campaign promises, including repealing and...

 

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