SMEs continue to be challenged on a number of fronts, but many are finding ways to achieve ‘more with less’.
Report
December 14, 2017
US Economic Update – December 2017
2017 has proved to be another year of solid US economic growth and more of the same is expected in 2018, helped along by fiscal stimulus.
Overview:
- 2017 has proved to be another year of solid US economic growth and more of the same is expected in 2018, helped along by fiscal stimulus.
- Business survey readings are at high levels, as is consumer confidence and employment gains are strong enough to reduce the unemployment rate over time.
- Even inflation, surprisingly subdued this year, is showing signs of life; this will need to continue for our expectation of three more rate hikes in 2018 to be met.
For further details please see the attached document:
