Industry: America and Zipping

industry: Since his victory, most of America appears to be believe his property industry wheeler-dealing will turn an already fast-moving economy it was zipping along at a 3.2% annualised rate in the third quarter of 2016 into the stellar performer it was in the 1990s, according to The Guardian. As an appetiser to this feast of growth, the US is about to get a rise in interest rates courtesy of the Federal Reserve, from the current 0.25%-0.5% target range to 0.5%-0.75%. For the savers who form the backbone of the Trump electorate, it could be the first of many if the economic growth rate accelerates in 2017. It a comment that he hoped underline his independence from corporate lobbying and his prowess at making money. Fed chief Janet Yellen, who was once in Trump sights as a Washington swamp dweller, will probably be declared a hero of the thrifty common man and woman when she makes the announcement on Wednesday. Retail sales are also buoyant, which is no surprise after surveys showed consumer confidence spiking in November. Yellen will talk of the strengthening manufacturing sector and the gathering momentum in the housebuilding industry. (news.financializer.com). As reported in the news.