U.S. President Donald Trump touts ''nearly half a million new jobs'' he says have been added during his administration, and says in his weekly address that the days of ''economic surrender'' in the U.S. are over. Rough Cut (no reporter narration).
ROUGH CUT (NO REPORTER NARRATION) STORY: U.S. President Donald Trump on Saturday (March 18) touted "nearly half a million new jobs" he said were added during his administration. He said the days of "economic surrender" in the U.S. were over. "For too long, special interests have made money shipping jobs overseas. We need a new economic model - let's call it the American Model," Trump said during his weekly address to the American people. Trump's pledges to boost economic growth and employment have been embraced by Americans, leading to a jump in consumer sentiment. In a report on Friday (March 17), the University of Michigan said its consumer sentiment index rose 1.3 percentage points to a reading of 97.6 in early March. While Trump's election has buoyed confidence among households and businesses, that has not translated into a surge in either business or consumer spending as details of the administration's economic policy remain vague.