U.S. Outlook Economic Forecast: Autumn 2018

Document Highlights

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.

The U.S. economy will expand by close to 3.0 per cent this year and 2.7 per cent in 2019.

The boost from a huge fiscal stimulus is the main factor behind the strong growth.

Large tax cuts and increases in government spending will lead to $1-trillion deficits by the end of this year.