3.9 million more people are employed in the last 19 months
GDP was 4.2% in the second quarter
The Atlanta federal reserve is estimating 4.4% GDP growth in the third quarter
The US economy has grown by $1.4 trillion from 2017 to 2018Q2. It will likely add $300 billion in third quarter.
Annual wage growth hit a nine-year high in the US last month as the economy created more jobs than expected.
Average hourly earnings rose by 0.4% in August, pushing the annual rate of increase to 2.9% – the fastest pace since June 2009.
Hiring in the construction sector and in professional services helped the economy to add 201,000 jobs last month
Some economists predict the US economic surge will end in mid-2019 and others at the end of 2020.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.