The last significant piece of legislation aimed at improving infrastructure in the US came at the height of the recession, so one of its primary motivations was to create jobs by funding new projects. With the economy now in a much improved situation, infrastructure spending today would likely focus more on boosting long-term growth.
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Jim Glassman, Commercial Banking’s Head Economist, and Morgan McGrath, Commercial Banking’s Head of International Banking, explain why concerns about China’s economy are overblown.View video about Expect Continued Growth in China
Jim Glassman, Commercial Banking’s Head Economist, explains why the US could benefit from foreign producers curbing their oil output.View video about Oil Production’s Effect on the Economy
Jim Glassman, Commercial Banking’s Head Economist, explains why the recent trend in consumer spending habits differs from past slowdowns, and the factors that could prompt a spending surge.View video about Are Consumers Spending Again?
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