With the recent strength in exports and production, as well as robust consumer spending, capital spending will rise steadily.
The gains in imports are a sign of strong domestic demand and show how resilient the economy is now. With growth in the U.S. and other export markets set to accelerate, exports will be strong for some time.
The economy's in a positive cycle of rising production, higher profits and more investment. Production will keep expanding next year because companies have removed excess inventories and exports to China and U.S. will remain brisk.