5% Growth? Or Even Better?

In Featured by NewsFeedLeave a Comment


Just to reprise my New Year’s message that a Trump economic boom could deliver 5 percent, 6 percent, or even 7 percent growth, there are numbers out today that are uniformly stronger than even I thought. Economists take note: President Trump knows the economy better than you do. And what’s wrong with 5 percent or better growth?
The Atlanta Fed GDPNow for the fourth quarter, which you recall was the shutdown quarter, was revised up to 5.4 percent.
Meanwhile, the productivity of the economy, which is one of the most significant variables, has averaged 4.5 percent the last two quarters. That’s…
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