2019 U.S. Growth Should Exceed Expectations

October 2018

Risks to the Outlook
The key risks to the outlook remain the ongoing trade frictions and the potential for those frictions to impact growth, corporate margins and the willingness of firms to invest. Our forecast assumes that these frictions remain manageable over time. Financial market turmoil resulting from trade or other factors also poses a risk to our outlook as does any action that results in reduced hiring or investment.

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