Analysts expect U.S. economic growth to slow

By: Trademagazin editor Date: 2021. 07. 20. 11:03

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U.S. economic growth is likely to peak in the spring, and while the pace will remain strong for the rest of the year and next year, it will gradually slow, in line with the effects of fiscal stimulus measures and reopening, according economists interviewed by The Wall Street (WSJ) economic daily.

The reopening of a wide range of businesses, increasing grafting and massive government support in the spring have all contributed to the rapid rise in consumer spending, the main driver of the economy. However, the rapid pace of economic growth will slow. (MTI)