Ten years of growth, but no one’s partying
The US’s gross domestic product has expanded only half as much as it did in the 1991-2001 boom
Tune out the trade wars. Pay no attention to the signal of a looming recession being emitted by the bond market. It’s time for a birthday party!
This month marks the tenth anniversary of the US economic expansion that began in June 2009. If the streak continues into July, it will make history, surpassing the 1991-2001 growth cycle to become the longest since 1854, which is as far back as economists have attempted...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month, €19.99 Monthly thereafter
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
Willie O’Reilly: Trump gets personal with a special message
The former US president, holed up at Mar-a-Lago, has found a way to promote his brand and make a little extra cash as he contemplates his next move
The debate on reopening society must be about more than health
As the lockdown goes on, many rules are being broken and many businesses may go to the wall. And as more jobs are lost, we need to start a discussion on how to get back to normal as soon as we possibly can
Lucinda Creighton: Forget the exercise bike, the ‘perk’ your staff need is quality of life
Workers at prestigious companies are receiving expensive gifts in thanks for 100-hour work weeks when what they really need is for more staff to be hired
Divisions emerge at Kerry Co-op over bid for Kerry Group’s dairy arm
The investment company’s board is divided over how to fund and structure proposed 60-40 joint venture deal