Despite labor market woes and the ability of the Fed to navigate a soft landing, the U.S. economy continues to grow. Because of recent significant investments, it’s growing in long-neglected areas and changing the geography of economic development.
That’s according to Joseph Politano, writer at Apricitas Economics. Politano recently shared a deep dive into how the CHIPS Act, Inflation Reduction Act (IRA), and Bipartisan Infrastructure Law are changing the economic growth landscape in the U.S. It’s a trend worth understanding, as it could portend a longer-term shift in how, and more importantly, where, economic growth happens in the U.S.
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