The Real Economy: Volume 43
The case for a U.S. – U.K. free trade agreement
THE REAL ECONOMY |
The business cycle is clearly closer to its end than its beginning. Increasing uncertainty about the policy direction of the United Kingdom (U.K.) as it approaches a March 29, 2019, deadline to negotiate an exit from the European Union (EU) hangs heavy over the British economy. Unresolved questions over whether the U.K. will remain within the EU orbit or operate outside as “Global Britain” contribute to a weak environment for business investment and consumption. While moves toward a U.S. – U.K. free trade agreement may seem counterintuitive, given the lack of answers to those questions and rising protectionism from the Trump administration, now is the time to begin laying the groundwork for a new trade partnership with a longstanding U.S. ally.
The Real Economy also examines technology spending habits of middle market companies, and how U.S. builders have adapted to rising Canadian lumber prices. Download the full issue.
IN THIS ISSUE
In a time of transition for the global economy it would make sense for the U.S. and the U.K. to engage in a free trade agreement.
Tech spending—from cloud computing to AI—is particularly important now, as the economy moves through a period of profound disruption.
RSM’s national construction industry leader, Brandon Maves, discusses how builders have adapted—and how they can plan for the months ahead.