U.S. Outlook Economic Forecast: Summer 2017
The Conference Board of Canada, 30 pages
July 28, 2017
This quarterly report focuses on the latest economic developments in the U.S. economy, tracking trends in labour, consumer, energy and housing markets, and examining industries and regions. Monetary and fiscal policy assumptions are also included.
- Real GDP will increase by 2.3 per cent this year and 2.5 per cent in 2018.
- Interest rates will increase at a modest pace over the near term.
- The current economic expansion is entering its eighth year.