Economics
Here Comes the Economic Growth That Confidence Data’s Predicting
- Leading indicators point to firming economic activity
- Aggregate hours worked have surged, point to 2.5% GDP growth
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It turns out businesses and consumers have reason to be confident economic growth is about to pick up. But it’s not because of President Donald Trump’s policy prescriptions.
Just two weeks into the president’s term, the world’s largest economy is already churning out a raft of signals that growth is posed to accelerate, according to Renaissance Macro Research.