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The Conference Board Economics Watch® United States View
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Publication Date:
March 2017
We adjusted our forecast for 2017 downward as fiscal stimulus is pushed into 2018. While consumer demand will likely stay on trend, business spending remains weak. The expected corporate tax reform might not pass Congress before year’s end, leaving little scope for a meaningful increase in GDP. Employment creation, however, remained strong, giving the Fed a green light to a March rate increase.
