This newsletter features a Wells Fargo analysis of the fall 2018 outlook for the US Economy:
The U.S. economy continues to maintain strong momentum headed into fall 2018. Nonfarm employment growth, consumer spending and capital goods orders suggest real GDP will grow at around a 3% pace during the third quarter, and we expect growth will remain close to that pace through 2019. Our forecast now extends through 2020, where we see growth moderating somewhat to 2.2%. The current expansion will become the longest on record if growth continues into the second half of 2019. Read more here.
Regional Merger and Acquisition News:
- Kraft Heinz Buys Ethical Bean Coffee
- Giant Eagle Buys Ricker’s Convenience Marts
- PNC Riverarch Sells Authority Brands to Apax
- Tecum Invests in Tidewater Equipment
- System One Acquires TPGS
- Howard Hanna Partners with Allen Tate
- Limbach Holdings Buys Dunbar Mechanical
- Koppers Sells Specialty Chemicals to ECO-Option
Middle Market News: