Top 10 Indications The Economic Outlook Is Brighter Than Expected
10. The Index of U.S. leading economic indicators ticked up for the third month in a row — +0.6% in July, +0.5% in June, and +0.1% in May — and it is designed as a forward-looking index of 10-subindexes.
9. The 4.3% growth rate forecast from the Federal Reserve Bank of Atlanta — a model that grows more accurate as the end of a quarter nears — towers over the 2.2% quarterly growth rate averaged since the end of The Great Recession in March 2009.
4. Productivity surged in the second quarter of 2018, which explains why inflation did not rise as fast as wages and benefits, and that's about the best thing you could hope for: increased productivity.
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