Is the US Economy Really In a Full Recovery?

In another exercise in self-fulfilling prophecies, economists told the US economy that it was in full recovery, and the news jolted the stock market into another temporary jump: The US economy grew at a sizzling 5 percent annual rate last quarter, the fastest since 2003, fueled by consumer and business spending. The surge confirmed that the U.S. economy is steadily strengthening and outshining others around the world. The news helped lift the Dow Jones industrial average above 18,000 for the Read more […]