You are here

Don't underestimate US expansion: it's headed for a record

Respondents in a survey put a 60% probability on growth streak running through at least July 2019 and thereby reaching 121 months.
Saturday, June 17, 2017 - 05:50

BT_20170617_CONSUMER_2940095.jpg
A strong job market, subdued inflation, low borrowing costs and healthier finances will be a tailwind for consumer spending.

Washington

THIS US expansion may be moving like a tortoise, but it's on its way to win the race.

Widely disdained for its relatively weak growth and pay gains, the expansion is about to complete its eighth year - and it's headed to become the longest on record, according to a

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom