While the latest U.S. economic expansion’s duration has achieved a new record, it has lagged in terms of nominal growth. In this new CIO special report we outline the current macro-economic backdrop along with the risks that the U.S. economy now faces.
- The ongoing U.S. economic expansion has already made its mark in the history books, but downside risks lie ahead as we approach an ailing end of the year.
- Softer business investment, increased uncertainties, and an ailing manufacturing sector may challenge both policymakers and consumers.
- Investors should keep a close eye on service sector resilience as any further weakness may be the critical variable in keeping this economic expansion alive.
To download a PDF of the full report, please click here.