Study: Businesses Talking Less Often About Trump

Mentions of President Donald Trump in earnings calls by businesses are on the decline, according to a Hamilton Place Strategies study.

Between January and August, mentions of Trump's name fell 84 percent from January to August, from 114 mentions to 23, according to The Hill

In the last quarter of 2016, 24 percent of earnings calls in the study mentioned Trump, but in the second quarter of 2017, only 5 percent mentioned the president, the study reported.

The study did not give a reason why fewer businesses were discussing Trump, according to The Hill.

The Hamilton Place Strategies study noted that calls that discussed tax reform had declined 38 percent, but tax reform was still the most frequently mentioned issue in the calls.

"Absence of concrete action" was labeled as the reason for the decrease, according to the Hamilton Place Strategies study.

Mentions on earnings calls about healthcare doubled, the study reported.

Economic growth in the second quarter was revised to 3 percent in the Commerce Department's data released Wednesday.

Trump had set a goal of 3 percent for long-term economic growth.

• Harvey Expected to Damp Economy Before Rebuilding Lifts Growth
• Harvey Disrupts Business, But Some Set to Benefit