Donald Trump isn’t even president yet and we have seen many signs that suggest businesses across the globe are anticipating a growth economy under his watch.
Companies like SoftBank, Ford, and Chrysler have made fresh investments and created new jobs.
The dollar is strengthening.
The stock market is setting records.
Now, General Motors is getting in on the action.
They are investing $1 billion into the American economy and creating 1,000 new jobs.
From Wall Street Journal:
General Motors Co. this week will announce plans to invest at least $1 billion across several U.S. factories, two people familiar with the plan said, a move aimed at underlining its commitment to U.S. manufacturing jobs in the wake of President-elect Donald Trump’s criticism of the auto maker’s imports from Mexico.
GM’s announcement could come as early as Tuesday, the people briefed on the plan said. The company will cite a number of new jobs in excess of 1,000 stemming from the investment but doesn’t plan to specify which of its factories are in line for more work, one person said.
More great news for an economy that has been mired in the slowest recovery since World War II.
We have a lot of work to do if we want to fix an economy that has been stagnant during 8 years of Obama and it appears that we are on the right track in that regard.