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Last updateThu, 22 Aug 2019 5pm

Manufacturing & The Economy

NABE Survey Predicts GDP Slowdown

According to the March 2019 National Association for Business Economics (NABE) Outlook Survey, real GDP growth will slow from 2.9% in 2018 to 2.4% in 2019, and to 2.0% in 2020. The anticipated growth rate for 2019 is lower than the 2.5% percent forecasted in the December 2018 survey. The panel has turned less optimistic about the outlook since the previous survey, as three-quarters of respondents see risks tilted to the downside, and only 6% perceive risks to the upside.

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