Economic Insights – May 2018
As of April 30th, the U.S. economy had expanded for 106 consecutive months, matching the second-longest expansion on record. The longest is the 120-month expansion from March 1991 to March 2001. And, the Business Briefingsteam expects that in July 2019, the current expansion will become the longest expansion on record.
According to some so-called experts, we should have already experienced two recessions; they base their forecasts on age and duration. Many of these same pundits are the peop.....