Features: 1. Sustained economic growth.

The number of employed people is increasing and the unemployment rate is decreasing steadily.

3. Export trade is growing strongly.

4. The federal fiscal deficit is decreasing year by year.

Reasons: First of all, the application of high-tech has greatly improved labor productivity, made up for the increase in labor costs, and suppressed inflation, thus weakening the correlation between economic growth and inflation.

Secondly, the profit, credit and investment of enterprises have become the important supporting points of the new economy, and the characteristics of high-tech products determine that enterprises can quickly adjust their investment strategies and increase their flexibility in responding to market supply and demand when they have sufficient information.

Third, the inflation rate and price level are controlled in a lower range, which weakens the effectiveness of monetary policy intervention in the economy, and the policy lag is longer than before.

Fourth, the effective combination of many elements of the new economy and the traditional economy has improved the high-tech content of traditional industries and their products, brought about new changes in the production, operation and management methods of the traditional economy, and effectively promoted the development of traditional industries.