This quarterly report focuses on the latest economic developments in the U.S. economy, tracking trends in labour, consumer, energy and housing markets, and examining industries and regions. Monetary and fiscal policy assumptions are also included.
Document Highlights
U.S. growth has weakened this year due to sluggish investment spending and the impact of trade tensions on exports.
The economy will avoid slipping into recession over the near term, thanks to solid gains in household spending.
Fiscal deficits will remain in the $1-trillion range through the medium term.
