Steve Higgins

ContactSteve Higgins has been a journalist for more than 25 years and has extensive experience covering business, the economy and personal finance. He spent 12 years as a business reporter for daily newspapers in Arizona, Florida, Georgia, and Connecticut, followed by 12 years as an editor, most recently as business editor of the New Haven Register in Connecticut.
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Futurist Offers Reasons To Believe In Future U.S. Economic Growth edit
Thursday, February 16, 2012 13:26

Tags: Economic Outlook | productivity | U.S. economy

The recession ended in mid-2009, but fear and hesitancy about the economic recovery remain strongly in place.

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The U.S. economy grew at a rate of 3% in 2010 before falling back to 1.7% in 2011. That setback has renewed concerns among investors, many of whom lost up to half their financial assets after the fiscal crisis of 2008.


Yet several factors should give investors renewed confidence about their economic future, said economic futurist Jeff Thredgold at the 30th Annual Conference and Expo of the NICSA.


Those factors include American workers’ productivity, which still leads the world by a large gap; the United States leads in producing competitive digital goods and services; the aging population underpins future growth in health care, financial planning, and leisure and entertainment; the United States still is a major player in technology, transportation, telecommunications, financial services, energy, entertainment and biomedicine.

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