Economic Growth

Economic Growth

by Aurora Financial — Posted on February 21, 2017

  Economic growth ended 2016 at a better than expected annual rate of 2.2%. While in the past we would have seen this as dangerously close to the perceived ‘stall speed’ growth rate of 2%, in this decade’s slow growth era it made Britain the fastest growing economy amongst the G7 group of developed nations. What is more is that it was on an accelerating path, rather than a slowing one as disappointing figures attested for the US from their end of year accounts.  Let’s hope this rally continues…
– Daren O’Brien