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The U.S. faces weakness overseas and the waning effects of the 2017 tax cuts

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Economists believe growth has slowed further in the current January-March quarter to around 1.5%

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Consumer spending accounts for about 70% of U.S. economic activity

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Find out why most business economists have lowered their growth forecasts since last quarter

  • By: Staff
  • March 25, 2019 March 25, 2019
  • 15:46
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Some economists expect inflation to pick up as the benefits of higher wages flow through the economy

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Growth could fall below a 1% annual rate in the first three months of this year

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A harsh winter may have contributed to U.S. employers adding just 20,000 jobs

Bull and Bear

The S&P 500 has gained about 309% since bottoming out in March 2009

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But consumers will likely continue to drive economic expansion later this year

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The decline is the result of a "temporary shock" from the government shutdown