Support our nonpartisan, nonprofit research and insights which help leaders address societal challenges.
Donate
The Conference Board Economics Watch® United States View
- Authors:
-
Publication Date:
January 2018
US businesses are currently enjoying the strongest business environment since the mid-2000s, with the newly passed tax laws adding additional upside to rosy conditions for both consumption and investment. With the Federal Reserve having promised to raise interest rates at a modest pace, borrowing costs should not rise too much for firms in the near term unless inflation picks up. As a result, the growth effects of the tax measures will only be mildly reduced, though continued tightening of the labor market may lead to additional headwinds.
