Business confidence ticked up two points in March: the economic expansion continues at a robust pace. • Firms’ own activity expectations, employment and investment intentions are all elevated. We’re picking 3% growth over the year ahead. • Agriculture lifted the most this month, though it remains the least confident sector. Next month could be telling, given dairy prices have resumed falling. • Pricing gauges picked up, but off lows. The economy remains ensconced in a tunnel of love, with sentiment riding high. This economic expansion is no one, two, or even three trick pony. There is an eastbound train and multiple ... (full story)