US Economic Update: January 2017

According to the most recent surveys, business conditions and household sentiment are solid, and on an upwards trend.

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Economic conditions remain solid as optimism rises

  • Surveys show business conditions are solid, while small business and consumer sentiment has strengthened post-election.
  • However, increases in interest rates and the US dollar may act as a constraint on growth until the expected fiscal stimulus kicks in later in the year.
  • Partial data point to moderate, over 2% annualised GDP growth, in the December quarter.

For further details please see the attached document