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Slowing economy looms as 2020 challenge for GOP
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Contributor | RP |
Last Edited | RP Nov 20, 2018 10:53am |
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Category | Report |
Author | Alexander Bolton |
News Date | Tuesday, November 20, 2018 11:00:00 AM UTC0:0 |
Description | There are growing signs that the economy will slow substantially over the next two years, posing a significant problem for President Trump and Republicans who highlighted economic growth heading into the 2018 midterm elections.
Goldman Sachs on Monday issued a report projecting gross domestic product (GDP) growth will slow to 1.8 percent and 1.6 percent in the third and fourth quarters of 2019, respectively, sooner than anticipated and creating a major headwind for GOP candidates the following year. |
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