The Economy Is About to Break its 13 Year Streak of Poor Growth

JD Mon, 01/15/2018 - 14:12

The American economy is on track to deliver its strongest sustained growth in thirteen years.

The latest readings of gross domestic product see the economy growing at well above three percent in the final quarter of 2017. The GDPNOW predictor run by the Atlanta Fed forecasts 3.3 percent GDP growth. The New York Fed’s Nowcast forecasts 3.9 percent growth.

Despite the wide gap between the two readings of the economy, both agree that we appear to be growing at a rate above 3 percent. If that happens, it will be the third consecutive quarter of better than three percent growth. That’s something that has not happened since 2005.

http://www.breitbart.com/big-government/2018/01/15/the-economy-is-about-...

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