Where The Boom No One Expected Gets Its Legs

Sal Favarolo |

The U.S. economy has been much stronger than expected in 2023. As measured by gross domestic product, the U.S. is growing even though residential housing construction, a key driver of previous U.S. expansions, has been in a slump. The expansion under way is different from previous expansions. Things are different because of pandemic-related stimulus payments to consumers and businesses and passage of legislation funding improvements to roads and bridges, and manufacturing of computer, electronics, and electrical equipment.

Watch this weeks video. 

Contact A Financial Professional