Five Economic Game Changers

The following comes from a new report out of the McKinsey Global Institute (McKinsey & Co.):

 

As shown above, the report identifies five major catalysts for economic growth:

  • Shale-gas and oil production
  • US trade competitiveness in knowledge-intensive goods
  • Big data analytics as a productivity tool
  • Increased investment in infrastructure, with a new emphasis on productivity
  • A more effective US system of talent development

Perhaps the US does not need to “get used to slower growth.” Perhaps we just need to know our options.