Slowing But Growing: Why The U.S. Isn’t Headed For Recession | Prometheus Research
Forward Guidance
Assessing Economic Growth: Beyond GDP
This chapter explores the complexities of growth and GDP, proposing a sophisticated model to measure economic performance while addressing criticisms of GDP as a lagging indicator. It examines the interplay between consumption, investment, and trade, highlighting current strengths and potential vulnerabilities within the U.S. economy. Conclusively, the chapter analyzes the manufacturing sector's challenges and the overall implications for economic stagnation rather than recession.
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