Booming U.S. Economy Ripples World-Wide

“A booming U.S. economy is rippling around the world, leaving global supply chains struggling to keep up and pushing up prices,” the Wall Street Journal reports.

“U.S. economic output is set to expand by more than 7% annualized in the final three months of the year, up from about 2% in the previous quarter… That compares with expected annualized growth of about 2% in the eurozone and 4% in China for the fourth quarter.”