Economic growth signal rises for first time since 2022: Conference Board
Investment in artificial intelligence will likely drive economic growth, according to Justyna Zabinska-La Monica, The Conference Board's senior manager for business cycle indicators.
Investment in artificial intelligence will likely drive economic growth, according to Justyna Zabinska-La Monica, The Conference Board's senior manager for business cycle indicators.
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Why it matters
The Conference Board's economic growth signal rising for the first time since 2022 is a notable macroeconomic data point that could influence market expectations for growth and monetary policy, especially given the emphasis on AI investment as a growth driver. This has potential implications for credit markets and rate outlooks, making it a meaningful monetary-policy signal for sophisticated credit professionals.
Sources
CFO Dive
Economic growth signal rises for first time since 2022: Conference Board
Investment in artificial intelligence will likely drive economic growth, according to Justyna Zabinska-La Monica, The Conference Board's senior manager for business cycle indicators.