Swiss Economicblogs.org
The US economy was not firing on all cylinders in 2017, but this could change with the tax cuts.This is a good time to take stock of how well the US economy did in 2017. Assuming Q4 GDP is in line with the current estimate from the Atlanta Fed (which is close to our own), 2017 growth will be 2.3%. This would mark a step-up from annual growth of 1.5% in 2016 – when the sharp drop in oil prices hit investment and the wider economy hard – but would be close to the growth trajectory seen since...
Read More »The US economy was not firing on all cylinders in 2017
