A new decade is upon us bringing with it a flurry of election year excitement and political analysis. The economic health of the United States could be an important factor in both the presidential and congressional elections. Most analysts believe that a strong economy could provide tailwind for Republicans in key battleground states. Likewise, a sluggish and/or recessionary economy would favor Democratic candidates up and down the ballot.
This issue of Viewpoint evaluates current economic conditions and speculates on the course of the economy over the next 12 months.
Thomas Goho, Ph.D. is formerly the Chief Economic Consultant for Stephens Inc. He also served as the Co-Director of Stephens University at Wake Forest University.