Skip to content
Subscriber Only
Business
Economics

U.S. Growth Outlook Weakens in Survey of Business Economists

  • Business investment cooling a bit after robust spending year
  • Two major banks recently cut Q1 growth forecasts on shutdown
Video player cover image
Bankers in Davos Give Their Thoughts on the Global Economy

Forecasters are less optimistic about U.S. expansion this year, though they’re nearly unanimous in their expectations that a recession can be kept at bay until at least 2020, a National Association for Business Economics survey showed Monday.

Two-thirds of respondents expect growth to exceed 2 percent this year, down from the 90 percent in the prior survey for the 12 months through the third quarter of 2019, according to the Dec. 17-Jan. 9 survey of 106 NABE members.