Steel Products
September 12, 2017
Beaulieu: Economy to Slow in Late 2018
Written by Tim Triplett
The U.S. economy should finish 2017 strong, but the leading indicators point to a downturn in the second half of 2018 followed by a mild global recession in 2019, predicts economist Alan Beaulieu, principal of ITR Economics, who addressed a sellout crowd Aug. 30 at Steel Market Update’s Steel Summit Conference in Atlanta.
“You will like the next several quarters. The economy will keep expanding. It’s 2018 when things will begin to change, especially in the latter half of the year. It’s not going to be a bad year, it’s just not going to be as good as 2017,” he said.
