The US economy is expected to continue its improved growth. In the short term, consumer demand growth will stay strong as the labour market continues to tighten. But expect a less supportive external environment for growth.
Global Economic Outlook 2018: United States: 2018 Will Start with Momentum, But How Long Will It Last?
Global Economic Outlook 2018: United States: 2018 Will Start with Momentum, But How Long Will It Last?
Global Economic Analysis
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In 2018, the US economy is expected to continue its improved growth. In the short term, consumer demand growth will stay strong as the labour 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 labour markets and higher wages in 2018 and beyond.
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