Survey: Business economists see slowdown in growth this year - News Summed Up

Survey: Business economists see slowdown in growth this year


WASHINGTON - The nation’s business economists foresee a sharp slowdown in U.S. economic growth over the next two years, in sharp contrast to the Trump administration’s predictions that growth will accelerate this year and next. The nation's business economists foresee a sharp slowdown in U.S. economic growth over the next two years, in sharp contrast to the Trump administration‚Äôs predictions that growth will accelerate this year and next. ( Ben Margot, File / AP Photo )Still, the NABE economists say they think a recession remains unlikely any time soon. For 2018, economic growth amounted to 2.9 per cent, the government has estimated. The NABE economists attributed their weaker outlook in part to a growing economic drag from President Donald Trump’s trade policies.


Source: thestar March 25, 2019 04:15 UTC



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