Mark Zandi

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U.S. economy smashes record for longest expansion

Jul 03, 2019By

America’s economic expansion is now the longest on record after celebrating its 10th birthday on July 1. There’s a caveat: it has also been slowest and the smallest. Skeptics point to the tax-cut boost as being a sugar rush that mainly benefited the nation’s corporations and its wealthiest citizens. There are signs the buzz is wearing off.

3d rendering of a row of luxury townhouses along a street

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