October 29, 2018

Despite Strong GDP, Low Unemployment Rate, We Should Prepare for Economic Disruption

Bruce Yandle

Distinguished Adjunct Fellow

Bruce Yandle says that the economic indicators seem positive: the most recent quarter of economic growth was unexpectedly strong; unemployment is near historical lows; inflation remains low. Nevertheless, we ought to expect the unexpected, especially with continuing trade conflicts and the potential for major disruptions as a result of foreign policy.