What Does The Future Hold?Comments Off on What Does The Future Hold?
The good news is most analysts expect economic growth in the United States to continue. The Wall Street Journal, The Economist, The Federal Reserve, and the International Monetary Fund all have forecast gross domestic product growth in the United States at 2.5 to 3.0 percent for 2015. That’s not quite as good as the 7 percent growth forecast for China or the 6.5 percent growth estimated for India, but it’s decent for a developed nation with a mature economy. In the UK, The British Chamber of Commerce (BBC) is forecasting a moderate slowdown in growth from 2015 at 2.8%. (more…)