Because of the leadership and tireless work of President Biden and Democrats, our economy is once again on track and America is coming back. Despite Republicans’ best efforts to block progress, millions of jobs have been created, small business owners are confident in the economic outlook, and jobless claims continue to fall to new pandemic-era lows.
Thanks to President Biden and Democrats:
- Jobless claims hit another pandemic-era low as the labor market continues to rebound.
- Small business owners hit hardest by the pandemic are seeing relief and optimism continues to rise to near pre-pandemic levels.
- A new Fed report shows the U.S. economy continued to recover at robust levels over the last few months and is the strongest it has been in over three years.
- Industrial production grew at a 5.5% annual rate last quarter as regional indices show robust manufacturing growth.