3 Reasons Why The US Economy Is Doing Better Than Everywhere Else

With the latest batch of manufacturing data out, it couldn't be more clear that the US economy is outperforming the rest of the world.

1. Excellent policy out of Washington DC.

No, really! Despite the utter dysfunction, the US has not (yet) succumbed to the global austerity wave, as fiscal policy has remained incredibly accommodative.

Compare that to England (where David Cameron) came in with a mandate to cut spending, or the Eurozone where, well, you know... and you can't not conclude that US policy is stellar.

2. A balanced economy, not too dependent on exports.

Unlike China and other hot emerging markets, the US is not all that export reliant. Sure, we trade massively with the ret of the world, but as a country that does not rely on its trade surplus for growth (unlike China), weakening of demand in Europe

3. Housing.

This was at the center (or near the center) of the crash, but now it's coming back on virtually all measures. At a time when other economic factors are proving to be impediments, this is a nice (and arguably surprising) shot in the arm.

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