Kennesaw State economist says 'timid growth' better in long run

JOHNS CREEK, Ga. – Kennesaw State University economist Roger Tutterow, speaking at the Jan….

Georgia (Feb 10, 2016) — JOHNS CREEK, Ga. – Kennesaw State University economist Roger Tutterow, speaking at the Jan. 12 Synovus Economic Forecast at the Atlanta Athletic Club in Johns Creek, said the United States is in its seventh year of economic expansion since the 2008 meltdown.

Publication

Link To Article

http://forsythherald.com/stories/2016-promises-slow-steady-growth-and-thats-OK,88205

While it may not feel as robust as we might like it, a slow, steady 2 percent growth rate is not a bad place to be. The economic growth in the country is still “timid,” but the slower pace has its advantages over a more gaudy 3 percent or higher.

“The United States economy is robust and economic indicators such as car sales are encouraging. People feel it’s safe to buy cars again,” Tutterow said. “On the other hand, history tells us we are due a recession every 58 months on average in the post-World War II era.”

Click here to read the full article

 


 

A leader in innovative teaching and learning, Kennesaw State University offers more than 150 undergraduate, graduate and doctoral degrees to its more than 41,000 students. With 11 colleges on two metro Atlanta campuses, Kennesaw State is a member of the University System of Georgia and the second-largest university in the state. The university’s vibrant campus culture, diverse population, strong global ties and entrepreneurial spirit draw students from throughout the region and from 126 countries across the globe. Kennesaw State is a Carnegie-designated doctoral research institution (R2), placing it among an elite group of only 6 percent of U.S. colleges and universities with an R1 or R2 status. For more information, visit kennesaw.edu

©