Economic Insights – May 2017

The U.S. economy continues to show increased signs of life as we transition from the era-of-Obama to the era-of-Trump.  Measures of consumer and business confidence have performed much better than before the election.  But where the economic rubber hits the road, in terms of actual production “the sizzle” has gotten way ahead of “the steak.”

If you’ve been a long-time subscriber to Business Briefings, you know that we expect the kinds of tax, regulatory, and spending policies being advanced by the administration to unleash a s.....