The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies. 
The Conference Board Economics Watch® United States View

GDP in the United States is projected to grow at 2.0 percent in 2014, with the second half of this year revised lower—from an average of a 2.8 percent pace to about 2.5 percent pace. The continued slow pace of wage growth and consumer reluctance to finance purchasing (despite improved confidence) implies a little less spending than previously estimated. And, consequently, both investment and inventories are also likely to expand a little less than expected. Still, 2.5 percent growth is slightly above long-trend growth, and it is likely to continue into 2015. Despite these anemic growth rates, the US economy might be approaching full capacity soon.


OTHER RELATED CONTENT

RESEARCH & INSIGHTS

WEBCASTS

Economy Watch

Economy Watch

September 15, 2021

Labor Markets Watch

Labor Markets Watch

September 22, 2021

Economy Watch

Economy Watch

October 13, 2021

COUNCILS

BLOGS

PRESS RELEASES & IN THE NEWS

Support Our Work

Support our nonpartisan, nonprofit research and insights that help leaders address societal challenges.

Donate