Need some helping figuring out all the conflicting economic data for the month of June? Our resident economist Bruce Yandle wrote this analysis titled “Is the Great American Economic Machine Ready to Produce Prosperity?” It appeared this week in DC Journal.
Navigating economic uncertainty on multiple fronts, Americans may be suffering from a bias toward expecting bad news. Buried among mixed signals are indicators that our Great American Bread Machine is getting ready to produce more prosperity. No, things aren’t all roses, but at least some cautious optimism is in order.
Read the rest by clicking here.