U.S. economic momentum is solid, but uncertainty is building | Visa

U.S. economic momentum is solid, but uncertainty is building

Visa’s U.S. economic outlook, plus the latest economic forecast through 2021.

Consumer confidence chart. See Image Description for more detailed explanation.

Sources: Visa Business and Economic Insights, U.S. Department of Commerce Institute and Conference Board

Line chart for consumer confidence showing one line for confidence in the present situation, ranging from 154.7 in Jan 2018 to 175.3 in Jan 2020, with a second line for consumer expectations, ranging from 104 to 102.5.
Forecast table. See Image Description for more detailed explanation.

Sources: Visa Business and Economic Insights analysis of data from the U.S. Department of Commerce, U.S. Department of Labor and Federal Reserve Board

A table depicts the compound annual growth rate of the Gross Domestic Product (GDP) from 2019 to forecast 2021. The rows in the table cover the subcategories of data that are included in the GDP—from personal consumption and business fixed investments, to government purchases. Additional economic indicators are provided, such as retail sales excluding autos, nominal personal consumption and the Consumer Price Index. The forecast was created on February 13, 2020.