5min chapter

Mercatus Policy Download cover image

Dr. Bruce Yandle's December 2023 Economic Situation Report

Mercatus Policy Download

CHAPTER

Introduction

Patrick McLaughlin and Dr. Bruce Yandle discuss various economic factors, such as rising household wealth, interest rates, and growing debt, along with the impacts of supply chain disruptions, cash injections, and the war in Ukraine. Despite turbulence, the economy shows resilience with strong GDP growth, low unemployment, and decreasing inflation.

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