Business economists worry about possible recession in 2020
Story Date: 6/5/2018

 

Source: Martin Crutsinger, WRAL, 6/4/18

A group of top business economists believes the major tax cuts President Donald Trump pushed through Congress will give a significant boost to economic growth this year and next year. But they worry that by 2020, the country could be entering a new recession. The National Association for Business Economics says in its latest quarterly outlook that its panel of 45 economists expects the economy, as measured by the gross domestic product, to expand 2.8 percent this year.

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