United States

The Real Economy: Volume 60

Looking to 2020: Consumer is king amid slowing growth


Download The Real Economy Vol. 60



The American economy will continue to slow toward a growth rate of 1.5% in 2020, below its long-term average of 1.8%, as sturdy consumer spending compensates for financial volatility and erratic trade policy. That consumption, though, increasingly depends on rising asset prices that help boost confidence, and solid job growth. As long as consumers, particularly those with higher incomes, stay confident, the domestic economy should continue to show modest, if unspectacular, growth in 2020.

In this issue of The Real Economy, we explore what’s behind the pace of growth, consumer sentiment and a somewhat imbalanced domestic economy. In addition, we examine industrial production and thriving through a slowdown, and in our Trend Watch feature, we look at how the middle market views measuring responsible business practices related to environmental, social and corporate governance methods. Download the full issue.


Industry Outlook: Manufacturing

Industry Outlook: Manufacturing

How can middle market manufacturers thrive amid an economic slowdown? Get key planning ideas to address this challenge.

Middle market trend watch: ESG

Middle market trend watch: ESG

Are middle market businesses using environmental, social and governance methods to measure responsible business practices?


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