In what will be his first visit to the auto show in Detroit as president, the White House announced President Barack Obama will be making a trip to the North American International Auto Show on January 20.
The industry was in danger of collapse when Obama took office in 2009, but reported a record sales year in 2015. "Because I believe that every American should be proud of what our most iconic industry has done".
While lots of dignitaries and industry officials typically take in the show during its first week - several members of Michigan's congressional delegation, for instance, will visit on Monday - Obama is coming during the second week typically reserved for the public.
"Because today, the American auto industry is back". We've cut the Detroit-area unemployment rate by more than half.
The Obama administration agreed to prop up the automakers - provided they were steered through bankruptcy to restructure their operations - even though it was not popular nationwide.
The White House announcement hinted the president may make other stops in Detroit but said details would be provided later. This will be his first visit ever to the NAIAS.
In February 2012, the President endorsed the gas-electric Chevrolet Volt, saying he planned to buy the extended-range electric vehicle upon leaving office.
"Plants were closing. Hundreds of thousands of workers were getting laid off... another one million Americans would have lost their jobs", he said.
A gun-free zone on a military base with some of the best soldiers we have sitting there relaxing, watching television, no gun. Donald Trump and Ted Cruz have spent most of the presidential race avoiding direct confrontations with each other.
Manufacturers added 8,000 jobs last month, with gains in nondurable production offsetting job losses at durable goods producers. Economists had expected payrolls to increase only 200,000 last month and the unemployment rate to be unchanged at 5 percent.
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Most economists expect US consumer spending to continue to offset overseas weakness, though many foresee only modest USA growth. It took total jobs created during the year to 2.65 million, the second-best year, after 2014, since the 1990s.
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