There are now more job openings than there are “unemployed” people. Wages are finally beginning to increase faster than inflation, while consumer and business confidence are rising to record highs. Preliminary estimates show real second quarter 2018 GDP growth to be 4.2 percent and the Trends editors predict it will be revised higher. What has caused this improvement? What policies are needed to further increase sustainable growth? And what does this mean for consumers, managers and investors? We’ll provide the answers.
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