U.S. Economy: Lower rates on the horizon

Plus Visa’s U.S. economic forecast through 2020.
Bar chart of real GDP (SA,CAGR & YoY & change):2.2% in 3/18 to 1.8% forecast in 12/20 with line overlay 2.6% in 3/18, to 1.1% in 3/20 & 2.3% in 12/20.
Bar chart of real business fixed investment (SA,CAGR & YoY % change):11.5% in 3/18 to 1.8% in 12/20 with line overlay 6.7% in 3/18 to 2.2% in 12/20.
View excel file for explanation of the July 2019 U.S. forecast table, which shows key economic indicators from 2017 through forecast 2020.
Sources: Visa Business and Economic Insights, U.S. Department of Commerce, U.S. Department of Labor and Federal Reserve Board