Made-in-America businesses, women, minorities thriving

Sunday, October 6, 2019
 | 
Michael F. Haverluck (OneNewsNow.com)

Trump confident pointing upAs Democrats and the mainstream media focus on impeaching President Donald Trump, many in the business world – including American-made businesses, women entrepreneurs and minorities – have reason to celebrate the president, as they are flourishing financially like never before.

While businesses producing made-in-America goods are bustling and cranking out jobs, the number of women entrepreneurs is hitting unprecedented levels and minorities are seeing unemployment rates at their lowest rates – ever.

Made-in-America businesses making headlines

Pride in making and buying American goods is surging and making more and more jobs available to Americans, and the growing movement is being displayed throughout the weekend at the inaugural four-day Made in America 2019 conference in Indianapolis, Indiana, where 100-percent American-made products are being showcased.

MadeInAmerica.com CEO Don Bucker says the movement is unprecedented.

“It’s never been done before,” Bucker told Fox Business’ Carley Shimkus. “This is a movement. There's a lot of passion attached to this. To convince consumers to spend American dollars on American products – that’s the goal. If we get American consumers to spend those dollars correctly and consider origin when they make that purchase, our economy will be significantly stronger.”

The first-time conference celebrating American goods and their makers coincided with National Manufacturing Day – the first Friday of October – and Made in America 2019 Spokesperson Rose Tennent stressed how American products help the consumer as much as the businesses producing them.

“American made means quality and cost-efficient products,” Tennent explained to Fox. “We are getting more competitive as we start sourcing more materials and products right here and domestically in the U.S. I am so happy for these manufacturers because they've been committed to only sourcing here in the U.S., and now they're benefiting from it."

She said the already skyrocketing employment numbers are being buffeted even more by the jobs domestic manufacturing is adding to the U.S. economy.

“We're seeing new businesses pop up as a result and some of the businesses that were producing those materials are now doing even better,” Tennent added.

American-made businesses such as Red Line Steel, Michigan Mittens and Tough Traveler, Ltd., are all thriving under a Trump economy.

“We're always hiring,” announced Red Line Steel CEO Colin Wayne, whose company is based in Huntsville, Alabama. “A lot of times, we get candidates coming through, and I'll create positions.”

Michigan Mittens CEO Connie Hahne’s business is good for America through and through.

“We are very proud to produce our product in America [and] we're able to put more people to work right in our community,” Hahne shared. “We donate portions of our proceeds to the homeless to help the Great Lakes [and] to the fallen and wounded soldier fund."

Tough Traveler, Ltd., CEO Nancy Gold says her business in Schenectady, New York, that makes 600 products – including dog backpacks – has greatly benefitted from Trump’s tariffs in domestic and global sales.

“We find that the [very skilled] people in our factory – in our area of upstate New York – are very happy to have the jobs,” Gold said. “Actually, when the tariff hit, it caused a spike at the mill, which caused everything to increase, and now it's leveled off where it's a lot cheaper for us – which is great for the economy – [so] we're able to produce high-quality steel products at a lower price point.”

Self-made women at work

The growing rate of women entrepreneurs in America is startling, according to the “State of Women-Owned Businesses” report commissioned by American Express.

“[W]omen are starting about 1,821 new U.S. businesses per day [with 64% of the startups founded by women of color], American Bank & Trust revealed in its report.  

The strides women continue to make in the economy are seen in the numbers.

“[W]omen in 2018 made up 40 percent overall of businesses in America,” the report continued. “This – compared to the amount of women-owned businesses in 1972 – shows a 3,000-percent increase.”

A male-dominated business world in America is now a thing of the past – as women continue to be more financially viable and independent in the workforce.

“That [3,000] percentage may have likely been more, since before 1988, women needed a male co-signer to apply for business bank loans,” ABT noted.

Minorities making a difference

Minorities are benefitting from a Trump economy like never before – being put to work in record numbers.

“The jobless rate for Hispanics hit a record low of 3.9% in September, while African Americans maintained its lowest rate ever – 5.5%,” CNBC reported. “The unemployment rate for Asian Americans was 2.5% in September, [while] the jobless rate for adult women came in at 3.1%.”

And according to the U.S. Labor Department’s job report released Friday, there has never been a higher percentage of black and Hispanic Americans in the workforce – at any given time in U.S. history.

This includes women minorities, as the 3.8% Hispanic women unemployment rate in September and the 4.6% black adult women jobless rate speak volumes.

"The best numbers that we’ve ever had: African American, Hispanic American, Asian American, women – everything,” Trump apprised reporters on Friday, according to CNBC. “We have the best numbers that we’ve had in many, many, many decades.”

All Americans – not just minorities and women – are benefitting from the economy.

“Another bright-spot of the report was the overall unemployment rate,” CNBC’s Maggie Fitzgerald stressed. “The jobless rate dropped 0.2 percentage points to 3.5% – its lowest reading in 50 years.”

Trump summed up America’s current economic success.

“We have the best economy we’ve ever had – we have the best jobs numbers in 51 years, the best unemployment numbers that we’ve had in a half a century,” Trump continued. “People are working – they’re making money.”

Comments

We moderate all reader comments, usually within 24 hours of posting (longer on weekends). Please limit your comment to 300 words or less and ensure it addresses the article - NOT another reader's comments. Comments that contain a link (URL), an inordinate number of words in ALL CAPS, rude remarks directed at other readers, or profanity/vulgarity will not be approved. More details

SIGN UP FOR OUR DAILY NEWSBRIEF

SUBSCRIBE

VOTE IN OUR POLL

What is your view of political polls?

CAST YOUR VOTE

GET PUSH NOTIFICATIONS

SUBSCRIBE

LATEST AP HEADLINES

Canada's Trudeau wins 2nd term but nation more divided
Clinton under fire from Dems over Gabbard comments
Blackouts possible again as fire danger looms in California
Striking Chicago teachers demanding affordable housing
South Pole's ozone hole shrinks to smallest since discovery

LATEST FROM THE WEB

Virginia: Can school districts write laws? A public school district is inventing its own homeschool requirements
New PragerU video shows 2 scientific reasons to doubt evolution
A glimpse inside Hillary (If you can stand it)
The Supreme Court is poised to strike down a major Obama-era agency
VIDEO: Students say rich people and taxpayers should pay their college tuition

CARTOON OF THE DAY

Cartoon of the Day
NEXT STORY
Warnings re: minimum wage hike now a reality at Target

Target store front

After jumping on board with the progressive push across America to raise the minimum wage to $15 per hour, a major retailer is now facing the very issues about which critics warned.