Real GDP growth in the U.S. economy continues to point to a return to below-2 percent growth during the next two years, according to a report in the February edition of The Real Economy.
After a year of above-average growth, RSM projections assume that growth rates of the economic indicators included in the firm’s model will revert over the course of 2019, according to RSM Chief Economist Joe Brusuelas. As a result, real GDP growth will ultimately move toward a yearly pace of 1.8 to 2 percent.
Read about the factors curbing the economy’s historically long expansion by downloading the full report here.