The Conference Board Economics Watch® United States View: August 2017

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The Conference Board Economics Watch® United States View: August 2017

Global Economic Analysis

Author: Conference Board Inc., New York

$220.00

Second-quarter GDP figures showed that investment, especially in capital equipment, has started growing at a faster pace. Both mature and emerging economies are strengthening, which should, in addition to a weaker dollar, boost exports. The US economy is therefore likely to enjoy above-trend growth during the second half of 2017, as well as an improved environment for corporate profits.

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Better investment and global conditions will help the US economy to pick up speed in the second half of 2017.

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