Blue Chip Economists continue To Project Slowing Economic Growth For 2020

The 50 economic forecasting groups polled monthly for Blue Chip Economic Indicators continue to forecast slowing growth for the U.S. in 2020. Growth of real gross domestic product is forecast at 2.3% this year and 1.8% next year. The consensus forecast for 2020 consumer spending rose slightly in the December survey to 2.3%, but the…