Thursday, January 12, 2017

Question #2 for 2017: How much will the economy grow in 2017?

Late last year I posted some questions for 2017: Ten Economic Questions for 2017 . I'll try to add some thoughts, and maybe some predictions for each question. 2) Economic growth: Heading into 2017, most analysts are pretty sanguine and expecting some pickup in growth due to tax cuts and infrastructure spending.   How much will the economy grow in 2017? Here is a table of the annual change in real GDP since 2007.  Economic activity has mostly been in the 2% range since 2010.  Given current demographics, that is about what we'd expect: See: 2% is the new 4%. Annual......(read more)
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