The 2020 Mid-Year Economic Update_long

Weighing In on the Economy

To gauge the effect of economic trends on distributors, MDM tapped two economists to gain a snapshot of current economic conditions. MDM spoke with Alan Beaulieu of the Institute for Trend Research (603-226-9331, www.ecotrends.org), and Bill Dunkelberg of the National Federation of Independent Businesses.
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What is the state of the economy?
Alan Beaulieu: The U.S. economy is in better shape than most people think it is. We have largely absorbed a significant blow in the form of the downturn in the housing market.


It is not hard to imagine that in past decades this would have sent us into a recession, but this time we have taken the hit" and are continuing to grow, albeit at a noticeably slower pace. To put this in context, the decline in ...

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