Economy expanding at double pace of U.S., Dean Baker notes

Economy expanding at double pace of U.S., Dean Baker notes
Economy growing twice U.S. pace

Dean Baker, industry influencer, observes that at present, an economy is expanding at twice the rate of the U.S. economy.

This statement highlights a significant difference in economic growth between the two countries, as noted by Baker.

Baker has recently noted a 21.7% decline in U.S. factory construction from its peak in 2024. He also pointed to record lows in consumer confidence in the U.S. economy. These observations come as comparisons to faster-growing economies draw attention to U.S. performance.

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