Global Economic Outlook 2018: United States: 2018 Will Start with Momentum, But How Long Will It Last?
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Publication Date:
November 13, 2017
In 2018, the US economy is expected to continue its improved growth. In the short term, consumer demand growth will stay strong as the labor market continues to tighten. But expect a less supportive external environment for US growth in 2018. Over the medium term, businesses should assess opportunities from an uptick in growth in China and the Euro Area, make the right productivity-enhancing investments, and prepare for tighter labor markets and higher wages in 2018 and beyond.
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