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U.S. economic growth likely to see a further downturn

Published On 18 Dec 2019 11:16 AM


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NEW YORK, Dec. 12 (Xinhua)— U.S. economic growth is likely to see a further downturn in 2020 amid relatively strong fundamentals, as trade tensions persist between the U.S. and its major trading partners, and the nation is entering the election year, analysts said.

According to the Bank of America Global Research in its year-ahead forecast, the U.S. gross domestic product is expected to pull back to normal, with growth averagin....


Tags : U.S. Economics, Bank of America Securities,
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