Hassett Sees 'Tremendous Amount of Momentum' in U.S. Economy

The transcript discusses the U.S. economic growth, highlighting a 3.6% unemployment rate and strong GDP performance. It examines manufacturing job trends, consumer behavior, and the impact of real wage growth. The discussion also covers interest rate policies, inflation, and global economic concerns, including Brexit and trade negotiations with China. The potential for future growth through trade deals like USMCA is also explored.

What factors are contributing to the predicted unemployment rate of 3.6%?

How does the speaker describe the current state of the economy in relation to capital spending?

What is the significance of the first quarter's performance according to the speaker?

What concerns does the speaker express regarding manufacturing jobs?

What does the speaker suggest about the relationship between wage growth and consumer spending?

How does the speaker characterize the current economic recovery compared to past recoveries?

What potential impact does the speaker foresee from a satisfactory resolution of trade negotiations with China?