Source link : https://earth-news.info/general/watch-us-economy-is-still-resilient-rockefellers-fleming-says-bloomberg/
The U.S. economy continues to demonstrate remarkable resilience despite ongoing global uncertainties and domestic challenges, according to insights from Rockefeller’s Fleming. In a recent Bloomberg interview, Fleming highlighted key indicators underscoring sustained economic strength, signaling continued confidence among investors and policymakers. This assessment comes as markets closely monitor inflation trends, labor market dynamics, and geopolitical developments that could influence the economic trajectory in the coming months.
US Economy Shows Surprising Strength Amid Global Uncertainties
Despite a turbulent international landscape marked by geopolitical tensions and supply chain disruptions, key indicators reveal the US economy’s robustness. Retail sales have experienced steady growth, and the labor market continues to expand, defying widespread speculation of an imminent downturn. Experts highlight that consumer confidence remains resilient, underpinned by strong wage gains and a rebound in service-sector activities. Additionally, technology investments have surged, supporting productivity and innovation across multiple sectors.
Key economic highlights include:
- Unemployment rate holding near historic lows at 3.8%
- Consumer spending up 2.4% year-over-year
- Manufacturing output showing modest, yet consistent growth
- Inflation rates stabilizing closer to the Federal Reserve’s target
| Sector | Q1 Growth | Q2 Forecast |
|---|---|---|
| Consumer… |
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Author : earthnews
Publish date : 2025-06-19 12:33:00
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