2018 Economic Forecast

Fueled by increased consumer spending and a decreasing trade deficit, Economist Bob Morgan predicts 2018 will be the best year of economic growth since the Great Recession of 2008-09. Strong job growth, increases in fixed business expenditures and rising incomes will all positively impact the US economy. Uncertainties that may impact business over the next year include a tight labor market, potential changes to tax law and rising interest rates.