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Talking about the international economy. Lets take it a step further and ask crystal lena to join us. Shes the new managing director of the new chief of the imf, lets see what her prognosis is for your markets outside of the United States. Welcome. So happy to have you here. So lets get right into it. We heard an upbeat view of the u. S. Economy and complaints of the global economy. Lets start with the u. S. Despite everything mr. Kudlow just said, we have seen the slow down in u. S. Growth this year and a slump in manufacturing decline in business investment, from your purge, thats your outlook for the u. S. Economy and the coming year. Well, the u. S. Is in a good place. And people in this room have contributed to that. What we have is history expansion, lowest in the last 50 years of unemployment. What we particularly see is that wages are going and wages of low paid workers are out facing wage growth on average, thats driven by ....
States. Thank you. So happy to have you here. Okay. So, lets get right into it. We heard an upbeat view of the u. S. Economy and complaints about the global economy. With. Despite everything mr. Kudlow just said, weve also seen a slowdown in u. S. Growth in year and a slump in manufacturing, decline in business investment. From your perch, whats your outlook for the u. S. Economy in the coming year . Well, the u. S. Is in a good place, and people in this room have contributed to that. We have what is a longest in histo history expansion, lowest in the last 50 years unemployment. What we value particularly is to see that wages are going up in the u. S. , and wages of lowpaid workers are outpacing wage growth on average. That is driven by productivity gains, very important to recognize. But youre right, there are issues. Manufacturing and agriculture are more on the soft footing than the rest of the economy. What we see is consumption and services being the drivers of that good growth. W ....
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