BEA News: State Quarterly Personal Income, 1st quarter 2019

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:
State personal income increased 3.4 percent at an annual rate in the first quarter of 2019, a deceleration from the 4.1 percent increase in the fourth quarter of 2018. Personal income increased in all states except South Dakota. The percent change in personal income across all states ranged from 5.6 percent in West Virginia to -0.6 percent in South Dakota.
The full text of the release on BEA's website can be found at: https://www.bea.gov/news/2019/...e-first-quarter-2019

The Bureau of Economic Analysis provides this service to you at no charge. Visit us on the Web at www.bea.gov. All you will need is your e-mail address. If you have questions or need assistance, please e-mail subscribe@bea.gov.

Adam Brandon: Either 72 percent of Americans are wrong or 10 Dem 2020 hopefuls are -- My money is on the Dems

Fox News > https://www.foxnews.com/opinio...nomy-72-percent-2020

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Democrat hopefuls try their best to shoot down the Trump Economy...... ---> Pathetic failure.

BEA News: Personal Income and Outlays, May 2019

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:

Personal income increased 0.5 percent in May, the same increase as in April. Wages and salaries, the largest component of personal income, increased 0.2 percent in May after increasing 0.3 percent in April.

The full text of the release on BEA's website can be found at: https://www.bea.gov/news/2019/...and-outlays-may-2019

Trump's 'brilliant stroke' with China's Xi a win for US, Michael Pillsbury says
By Julia LimitonePublished July 01, 2019ChinaFOXBusiness

Fox Business News > https://www.foxbusiness.com/po...ar-michael-pillsbury
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Video of his interview is at the fox story site

a large number - like 75% agree that the economy is doing better

a very small single digit percentage give President Trump the credit

we should find out who these people are, economically force them back to where they were in November 2016 and see how much credit they want to give Obama

Fed chief strongly hints at July rate cut in House testimony
BY SYLVAN LANE - 07/10/19 09:19 AM EDT

The Hill > https://thehill.com/policy/fin...d-of-house-testimony
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A Fed rate reduction in July will kick the economy up and practically insure a win for the GOP in 2020.

Trump warns China not to wait for 2020 election to make trade deal
BY RACHEL FRAZIN - 07/30/19 08:16 AM EDT

The Hill > https://thehill.com/homenews/a...n-to-make-trade-deal
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....
......"In a series of morning tweets on Tuesday [today], Trump said that China could get a "GREAT" deal if a Democrat wins the presidential election. He added, however, that if he wins reelection, the deal offered to China will be "tougher" than the one currently being negotiated. He also warned of the possibility of "no deal at all."

"They should probably wait out our Election to see if we get one of the Democrat stiffs like Sleepy Joe. Then they could make a GREAT deal, like in past 30 years, and continue...to ripoff the USA, even bigger and better than ever before," Trump said.

"The problem with them waiting, however, is that if & when I win, the deal that they get will be much tougher than what we are negotiating now...or no deal at all," he added. "We have all the cards, our past leaders never got it!" ........
....

BEA News Release....

"Personal income increased 0.4 percent in June, the same increase as in May. Wages and salaries, the largest component of personal income, increased 0.5 percent in June after increasing 0.2 percent in May.
The full text of the release on BEA's website can be found at: https://www.bea.gov/news/2019/...nd-outlays-june-2019

I would say this relates. It saddens me that Pres. Trump isn't in the corner of the U.S. Airline Industry to help fight this battle...

https://news.yahoo.com/lot-yel...BHZ0aWQDBHNlYwNzYw--

'A lot of yelling': President Donald Trump had a contentious meeting with airline CEOs, report says

A meeting between President Donald Trump, the CEOs of some of the biggest airlines in the U.S. and Qatar Airways CEO Akbar al Baker devolved into "a lot of yelling," according to a report from NBC News detailing the meeting.

The group met in the Oval Office in what NBC News called an "'Apprentice'-worthy showdown." The outlet reported CEOs of American Airlines and United Airways were in attendance to air some grievances regarding what they believe are unfair practices by airlines in Qatar and the United Arab Emirates.

[snip...]

erj_ pilot,

I never read anything from yahoo.

Here is the Reuters report of the same meeting:

JULY 18, 2019 / 9:37 AM / 12 DAYS AGO
Trump meets with airline CEOs over Qatar subsidy accusations
Steve Holland, David Shepardson


Reuters > https://www.reuters.com/articl...s-gulf-idUSKCN1UD2G2

I’ll have to remember Reuters. Thanks for the link!

Economics is a favorite topic of mine because it sounds so scientific when it’s used to explain past events but not so reliable in projecting outcomes.

Like most conservatives, I was initially perturbed by Trump’s tariffs but i’ve come to understand if not now, when? And if the other side is playing you based on your espoused beliefs then sometimes sacrificing your beliefs in the near term may actually save them for the long term as your opponent realize they can’t use your beliefs to manipulate you.