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The Current Economic Expansion Cycle

Jon Welsh/flickr

While there are many stakeholders who are upbeat regarding near-term U.S. economic prospects, expected improvement remains speculative. Last year, the U.S. economy expanded just 1.6 percent, though the year’s second half was better. Many economists continue to wonder if average growth of around 2 percent remains the best for which we can hope.  

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Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.