Today, CBO released An Update to the Economic Outlook: 2018 to 2028. The report presents the agency’s latest economic forecast, which includes projections of real (inflation-adjusted) gross domestic product (GDP) and other factors.
Today, CBO released An Update to the Economic Outlook: 2018 to 2028. The report presents the agency’s latest economic forecast, which includes projections of real (inflation-adjusted) gross domestic product (GDP) and other factors.
In CBO’s updated projections, real gross domestic product (GDP) grows by 3.1 percent in 2018 and by 2.4 percent in 2019 before slowing in the following years.