The US economy remains on track for above 2 percent growth in 2017.
The Conference Board Economics Watch® United States View: July 2017
The Conference Board Economics Watch® United States View: July 2017
Global Economic Analysis
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The US economy remains on a steady growth trend but consumption and investment growth are failing to show the type of gains that more robust confidence indicators signal. For growth to move into a higher gear, wage acceleration will have to commence. Faster inflation too could help drive investment by making it easier for firms to raise prices and boost profits. Should current trends persist, growth for 2017 will be just above 2 percent.
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