Just last month 224,000 new jobs were created in America; that figure is more than twice than was needed to maintain workforce progression. Growth of GDP per person has increased by 1.5 percent per year and over the last decade has increased by a 3.3 percent average annually.
At the end of this month it will have been 121 months that the US economy has been in a state of consecutive growth. According to the National Bureau of Economic Research (NBER), this is the longest stretch of time since 1854 that the economy has encountered such growth.
Given that the US economy is responsible for 25 percent of global output, if it keeps growing like this, it could be “time to rewrite the rules for how all rich economies behave.” America is certainly not an island (economically) so if the countries it trades with encounter a recession it will impact the US as well.