A BRIGHT SPOT
The U.S. economy continues to be “a bright spot in the overall global outlook,” despite a significant slowdown abroad, according to Treasury Secretary Steven Mnuchin.
The United States continues to benefit from tax reform and other pro-growth policies, he said at the annual meeting with finance ministers and central bankers.
In July, economic growth in the United States entered its 121st month, marking the longest expansion in U.S. history. And the jobless rate fell in September to a new 50-year low of 3.5 percent, while employers added a modest 136,000 jobs.
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