The Conference Board Economics Watch<sup>®</sup> United States View
The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies. 

Economy Watch | United States

Monthly updates on the state of the economy in the United States

The Conference Board Economics Watch® United States View


April 11, 2018 | Report

Strong CEO and consumer confidence, along with fiscal measures, should support robust growth of nearly 3 percent per year through the end of 2019. Weak consumption data will restrict Q1 GDP growth to just 1.9 percent; it has forced 2018 growth to be revised down from 3 to 2.8 percent. More importantly, downside risks to this optimistic forecast are rising. Uncertainty regarding trade policy and the recent decline of technology stocks could cause firms to delay investment. European and emerging market economies are cooling and may provide less external support to the US economy. For now, growth should remain strong, but businesses should track these risk factors carefully.


AUTHOR

BrianSchaitkin

Former Senior Economist
The Conference Board


More From This Series

hubCircleImage