- Economic slowing may be offset by its secondary effects — lower energy costs and interest rates.
- Facts about consumer behavior could justify optimism about US growth.
- US consumers alone represent the biggest economy in the world.
While I was traveling in Michigan and Minnesota last week, several things became apparent to me. Concerns about the economic slowdown in China and the rest of the world are real, but I also saw signs that these fears may be overpowered by a true sense of life improving in the United States.