Economy
September 25, 2017
Forecasts Predict Tax Cuts, GDP Growth
Written by Tim Triplett
Congress and the Trump administration are likely to act on both tax reform and infrastructure spending before the end of 2018, predict the majority of forecasters polled by the National Association of Business Economics.
NABE conducted its September survey of 47 professional forecasters from Aug. 24 to Sept. 7 (during Hurricane Harvey and before Hurricane Irma). Seventy-three percent anticipate corporate and individual tax cuts by the end of next year. Sixty-one percent expect an infrastructure spending plan by late 2018.
