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Economic Development News

Economic forecasters see growth for the next two quarters

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A survey of 41 professional economic forecasters showed a positive outlook for the next two quarters.

The participants expects the GDP to grow at a rate of 2.6 percent this upcoming quarter and 2.4 percent for the following quarter. Overall, they anticipate an annual average GDP growth of 2.2 percent, 2.5 percent in 2018, 2.1 percent in 2019, and 1.9 percent in 2020.

They expect a monthly job growth rate of 178,000 in 2017.

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