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February 6, 2023

PwC Chairman: This Recovery Has Legs

Dennis Nally asks that you not get caught up in the numbers that politicians like to talk about:

The American economy is doing better than most would say it is because typically what a lot of people try to focus on right now is some of the headline issues, the unemployment level, the deficit, the government spending. Those are real issues, no question about it. But when you look at corporate profits, you look at corporate liquidity, when you look at how business is generally doing, it’s not bad, it’s fairly positive and so I think the economy is clearly headed in the right direction.

PricewaterhouseCoopers Chairman Says U.S. Economy Recovering [Bloomberg]

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