What is the Direction of the US Economy?
2017 Economic Forecast
Economist Bob Morgan is optimistic the nation and Northwest Ohio will continue to see steady economic growth in 2017. Increased consumer spending, job growth, increased wages and overall consumer confidence all play a part in the continued upswing of the nation’s economy. In Northwest Ohio, Morgan expects the housing and automobile markets to remain strong and manufacturers to begin to increase output. Political gridlock will be a major issue facing the divided country and until those issues are resolved, no major fiscal policy changes can be expected, according to Morgan.
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