Global Macro Service > Research Briefings > United States
Despite some tentatively positive news on the trade front, the ongoing and deepening industrial slump has brought back recession fears. With private sector confidence still elevated and employment growth only gradually cooling, we maintain our 2020 recession odds at 40%. We foresee GDP growth cooling from 2.9% in 2018 to 2.2% in 2019 and 1.6% in 2020.
To read the full briefing please
If you are not a subscriber, request a free trial of our Global Macro Service by filling out the form below