Question #1 for 2020: How much will the economy grow in 2020?

Earlier I posted some questions for next year: Ten Economic Questions for 2020 . I'm adding some thoughts, and maybe some predictions for each question. 1) Economic growth: Economic growth was probably just over 2% in 2019, down from 2.9% in 2018. The FOMC is expecting more of the same with growth around 1.9% next year. Some analysts are expecting growth to pick up a little in the coming year as the trade war eases and global growth increases.  How much will the economy grow in 2020? First, since I'm frequently asked, I don't see a recession starting in 2020. Here is a table of the......(read more)

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