3% GDP growth rate not sustainable, economists say

/3% GDP growth rate not sustainable, economists say

3% GDP growth rate not sustainable, economists say

The U.S. economy may have seen robust growth recently, but with the nation experiencing full employment, a quarterly growth rate of 3 percent is not sustainable, according to the latest quarterly forecast by economists at UCLA Anderson School of Management. The national economy is in the process of downshifting from 3 percent growth in real GDP this year to 2 percent in 2019 and 1 percent in 2020, according to UCLA Anderson Forecast. The report states that with the Federal Reserve raising interest…

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By | 2018-12-05T22:33:46+00:00 December 5th, 2018|Uncategorized|

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