Taking Stock of the Economy: 2017 Outlook


Several signs say the state of the American economy is strong. The Federal Reserve made news when it raised interest rates for only the second time in 10 years. Unemployment is at 4.9 percent, its lowest since 2008, the stock market is up and the real estate market seems to be rebounding.

What does all this mean for you in the coming year? And what changes can we expect under a Trump administration?  

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Joining us to take stock of the economic outlook for 2017 are Ed Stuart, professor emeritus of economics at Northeastern Illinois University; and Michael Miller, associate professor of economics at DePaul University.

“My colleagues and I are recognizing the considerable progress the economy has made toward our dual objectives of maximum employment and price stability,” Janet Yellen said last week. “We expect the economy will continue to perform well.” (Courtesy of CNN)“My colleagues and I are recognizing the considerable progress the economy has made toward our dual objectives of maximum employment and price stability,” Janet Yellen said last week. “We expect the economy will continue to perform well.” (Courtesy of CNN)

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