Public Publication Content
U.S. on course for slower growth in 2H 2019By: Veneta Dimitrova |
We downgrade our outlook for 2019 real GDP growth to 2.3% from 2.5% initially, due mainly to escalating trade issues, lower business confidence, and increased policy uncertainty. We downgrade our outlook for 2019 CPI inflation to 2.5% from 2.7%, which still implies a pickup in price pressures in 2H. Even so, we do not see signs of recession in the near-term.Ned Davis Research | Economics | U.S. Focus | Monthly
While you wait, explore additional NDR research and solutions.