4% Sustained GDP Growth?

Tuesday: • At 8:30 AM ET, Housing Starts for May . Total housing starts increased to 1.135 million (SAAR) in April. Single family starts increased to 733 thousand SAAR in April. The consensus is for total housing starts to decrease to 1.090 million (SAAR) in May. There has been some discussion if sustained 4% growth in the U.S. can be achieved. Here are two articles: From Neil Irwin at the NY Times The Upshot: Jeb Bush Wants 4 Percent Growth. That Will Be Hard to Reach. [F]or 4 percent growth to be realistic in the next presidential term - not just for a one-quarter spurt but on a sustained......(read more)

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