The Soapbox

Stimp

Joined: 10/15/1998 Posts: 2181
Likes: 2010


The most encouraging evidence of sustainability occurred yesterday


1Q2019 productivity...3.6%.

That's an important policy report card, which lags enactment of policies..in this case tax cuts, repatriation, and deregulation. You got a preview of that with a big turn in business confidence (NFIB and BCI) beginning late 2016/early2017, but needed to wait a bit for the benefits of CAPEX to flow through the system. This is a very important data point and a big key to elongating the economic cycle if not increasing growth trajectory (which has decidedly occurred the past two years).

(In response to this post by 111Balz)

Posted: 05/03/2019 at 12:01PM



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Current Thread:
 
  
Un-employment @ a 49 year low! Thanks Trump -- Charleston Cav 05/03/2019 09:02AM
  I’m willing to give him credit -- 757 05/03/2019 11:48AM
  See response to Shen ** -- BocaHoo91 05/03/2019 10:48AM
  The expansion of overtime pay by DOUBLING the limit -- BocaHoo91 05/03/2019 10:47AM
  Remove regulations, make it easier to do business -- Charleston Cav 05/03/2019 09:59AM
  Like this, right? -- Shenhoo 05/03/2019 10:41AM

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