Top 10 Indications The Economic Outlook Is Brighter Than Expected
Published Friday, August 17, 2018 at: 7:00 AM EDT
Here are the 10 top facts indicating the U.S. economy is stronger 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.
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