Wednesday, November 8, 2017

Slowly, people are recognizing that the economy is improving


30 Aug 2017: Trump's hope for 3% growth no longer looks so far-fetched at CNBC:

When President Donald Trump predicted that his policies would spur growth of 3 percent or more, a lot of economists didn't take him seriously. They may now.
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"It's not just the GDP report. We've had a really steady stream lately, whether it's GDP or ADP or [jobless] claims or retail sales or confidence measures," said Jim Paulsen, chief investment strategist at the Leuthold Group.


8 Sept 2017: Two signs the US economy really is getting better, from World Economic Forum:

Forget the soaring stock market. Here's the real evidence the U.S. economy is getting better: Food stamp usage is down, and spending on entertainment — everything from Netflix to Disney World trips — is up.


27 October 2017: US economy on solid growth path from dw.com:

The world's largest economy has seen its total output expand by a rate that the US President had expected to see because of his tax and investment policy. But for all of 2017, the rate will be hard to maintain.
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For all of 2017, forecasters believe the economy will grow at an annual rate of around 2.2 percent, rising to 2.4 percent next year.

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