March 07, 2020

The Real GDP Growth forecast expects a decelerating economic expansion to continue into the second quarter when we expect the economy to expand at a 1.5% annual rate. From that point on we expect the economy to bounce back and pick up steam and post a 2% rate by the 4th quarter. The forecast looks for the acceleration of the economic expansion to continue and post a 3% real GDP growth by the end of 2021

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