The Economic Landscape Ahead

The U.S. economy is showing remarkable resilience, with a 2.8 percent annualized growth rate in the third quarter. This growth is notably higher than that of other advanced economies, and it has occurred amidst declining inflation rates. Productivity increases have played a crucial role in this phenomenon, allowing for quality growth that can sustain living standards without triggering inflationary pressures. Despite these positive indicators, many Americans feel disillusioned due to past high inflation and the broader political dissatisfaction that colors their perception of economic health.