By Andrew TaitThe United States is on pace to have the most robust economy in the world.
The US economy is on track to post annual GDP growth of 3.2% this year, and to be the third-largest economy in a year.
It is also projected to grow by 1.8% this quarter and by 2.6% in the year ahead.
The US is not only the world’s largest economy, but the fastest-growing economy in Europe, and one of the fastest growing in the whole of the world, as the chart below shows.
In fact, the US has the fastest growth rate of any nation, and in the next five years it is projected to overtake Britain as the world economy’s second-fastest-growing major economy, according to the latest World Economic Outlook.
In the US, there are a number of factors contributing to this strong growth.
These include:The global financial crisis.
The Federal Reserve has now reduced its bond purchases to $85 billion in an attempt to stimulate the economy, and there is some hope that this will lead to faster economic growth.
The shale boom.
In addition to the shale oil boom, which is now powering the shale gas boom, there is a boom in renewable energy projects, including wind farms.
The Federal Reserve’s move to lower its bond purchase program has helped to spur a boom of renewable energy development.
There is a growing appetite for wind farms and solar panels, as well as for energy efficiency.
The financial crisis and the recession.
The Great Recession of 2008-09 brought the US economy to its knees, as many businesses were unable to find jobs and many businesses failed to pay their workers the minimum wage.
The government’s response to this recession has been to lower interest rates, to help companies to weather the storm, and by reducing the amount of money they have to borrow, as they are now able to invest more of their earnings in the economy.
The global economic recovery.
The global economy has been improving since the global financial meltdown of 2008, and it is expected to pick up in the coming years, according the latest forecast from the US National Bureau of Economic Research.
The number of Americans working in manufacturing, with the exception of those in manufacturing industries, has grown by an estimated 4.7 million jobs, and that is expected, given that manufacturing has not been able to recover as quickly as other industries, to have grown by more than 9 million jobs by 2040.
The rising tide lifts all boats.
The economic recovery of the US is being driven by the growth of the middle class and the increasing number of families that are able to afford to have a family of their own, as shown by the following chart, which shows the distribution of household income between the top 10% and the bottom 90%.
The US has seen an increase in the number of households headed by a single parent, and this trend has continued, although this is now expected to slow.
There are also more households headed in this direction than in previous years.
In terms of income, median household income rose by an average of $14,000 in the past year, which was faster than the average annual income growth of $11,600 for the previous decade.
The gap between the wealthiest households and the poorest households has widened.
The housing market has been a major driver of the economic recovery in the US.
This was driven by a combination of factors, but one of those factors was the Federal Housing Finance Agency’s announcement in March 2016 that it would sell off billions of dollars in government-backed mortgage-backed securities, as part of a broader effort to unwind the housing bubble.
The housing market is now in a better position than at any time since the financial crisis of 2008.
As a result, the average household is now able, by contrast to a few years ago, to purchase a home for an average value of $125,000.
This compares with an average purchase price of $170,000 a decade ago.
While it is too early to say that the housing market will be back to normal in the near future, the economy is expected in the medium term to expand at a more moderate pace than in the last couple of years, with GDP growth expected to be 2.4% in 2019.