Market Data
October 15, 2019
CRU: The Sun is Setting on the U.S. Expansion
Written by Lisa Morrison
By CRU Principal Economist Lisa Morrison
The U.S. economy is in the midst of its longest economic expansion on record—124 months and counting. The recent deceleration in U.S. growth momentum and the fading health of the global economy call into question whether the expansion can continue, and for how long. In this article, we discuss the current state of the U.S. economy and our reasons why we are not yet calling a U.S. recession in our base case forecast.
