How does the US rank against other strong countries that are also standing as part of the building blocks for the global economy? Even with fluctuations hitting the nation’s stock market in 2018, the US was reported to have outperformed most major world indexes.
With economic performance and corporate profits higher than other developed countries, economic expansion in the United States is even set to become the longest running growth on record by summer 2020.
More investments are also entering into domestic markets as the push from corporations, consumers and even business policy grows. Stronger consumer and corporate consciousness from both younger and older demographics is also continuing to impact buying patterns internationally.
Although not yet substantial enough to disrupt major global markets, there is a growing interest to establish a more home-grown economy with today’s US business leaders and future entrepreneurs.
Leaning in on foreign resources and market opportunities to develop better commercial growth is also another side many organisations are putting their money on in the new year.
Both sides will likely experience the impacts of the changes expected to come in the next 11 months analysts predict.