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Winter 2018

 

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Beaconomics represents only a sample of the custom, comprehensive forecasts and economic analysis available from Beacon Economics. Learn More

Welcome to Beaconomics, a forecast for the United States and California economies.

This succinct, quarterly outlook delivers up-to-date analysis of leading indicators driving the state and national economies, including GDP growth, employment, housing and commercial real estate markets, taxable sales, international trade, and more.

 


Amid Political Turmoil and Tax 'Overhaul', Growth to Continue in 2018

Despite the political chaos that has characterized  2017, and the just passed ‘overhaul’ of the U.S. tax code, both the U.S. and California economies are expected to continue along a slow, steady growth trajectory in 2018.

In the latest edition of Beaconomics, U.S. GDP output for 2017 will have expanded by 2.3% once the 4th quarter numbers are accounted for, a better showing than in 2016, but weaker than the two years prior. U.S. employment growth from December 2016 to December 2017 will end up being slightly less than 1.5%, still expanding, but at the weakest rate since the start of the economic recovery in 2009...

 



 

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