The US economy just enjoyed its strongest quarterly growth outside of the pandemic era since 2014, expanding at a 4.9% annualized rate in the three months ended Sept. 30. The economy’s resilience has continually frustrated the gloom and doomers, who have been predicting an imminent recession for more than a year now.

Still, even the optimists are bound to wonder how much longer a downturn can be avoided at a time of elevated consumer prices, benchmark interest rates at their highest level in a generation and soaring credit-card debt. The answer just might be longer — much longer.

QOSHE - American Workers Are the Economy’s True Unsung Heroes - Karl W. Smith
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American Workers Are the Economy’s True Unsung Heroes

6 0
02.11.2023

The US economy just enjoyed its strongest quarterly growth outside of the pandemic era since 2014, expanding at a 4.9% annualized rate in the........

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