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U.s.economic outlook 2016 series#

The 2019 County Business Patterns series counted 254,582 limited-service (fast food) restaurants with 4,660,127 paid employees and a 74.6B annual payroll. If you want your company to weather the economic uncertainties of the year and ensure that you have secure funding in place, learn more about Universal Funding’s invoice factoring services by giving us a call at 80 to request a rate quote. According to 2019 County Business Patterns, the retail trade sector had 1,044,957 establishments, 15.7 million employees and 470.5 billion in annual payroll. growth forecast even further, from 2.5 to 2.1. GDP growth from 2.3 to 2.1 for full-year 2017. Despite the optimistic sentiment from businesses and Wall Street, they revised U.S.

Gas Prices Will Creep Up a Bit in the SpringĮven though 2016 looks pretty upbeat, there’s still quite a bit of uncertainty. Back in June 2016, the IMF weighed in with its own U.S.

The Fed Will Gradually Raise the Fed Funds Rate.

The Stock Market Predicted to Set New Highs.

As our population ages, healthcare will continue to become more important to our economy for another 20-30 years.

Healthcare: Even with the Affordable Health Care Act under attack at every turn, it is no surprise that 2016 will be a banner year for healthcare.

Housing: As housing recovers, construction will add 1.8 million jobs.

Manufacturing: US manufacturing is expected to increase faster than the general economy and grow by approximately 2.6%.

In turn, lower oil prices means lower cost of transportation, food and raw materials for business, thus raising profit margins and giving consumers more disposable income to spend, which also spurs the economy. Frank Nothaft discusses Multifamily Lending: Large Projects Dominate Credit Flows - This Year Through July, 1.1 Million Apartments Financed by 100 Billi.

shale oil production, which has reduced oil prices 25% in the last few years. Energy Production: Like the previous two years, 2016’s US economy will get a big shot-in-the-arm from U.S.We want to take a look at specific outlooks for key industries including: energy, manufacturing, housing, and healthcare. Interest rates can be expected to slowly grow through 2016.Inflation will remain under control, and.A low unemployment rate at between 4-6%,.A healthy Gross Domestic Product in the 2-3% range,.economic outlook for 2016 is encouraging.