BBC News – World
·world
·4 hours ago
Why the US economy keeps defying the odds
The US economy continued to grow at an annualized rate of around 2% despite global shocks, according to Joe Brusuelas, chief economist at RSM. He cited increased capital expenditure at 13.9% of GDP as evidence of American resilience amid trade tensions and shifts in labor markets. The shale revolution has further insulated the US from energy price fluctuations.
Summary by OZbrief · BBC News – World
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