Annual economic growth since June of 2009 has averaged just a bit higher than 2%, which is a slow pace that has helped prolong the expansion.
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The latest survey by the National Association for Business Economics has found that half of the organizations’ members believe the U.S. will slip into a recession by the end of next year and three quarters of its members say the recession will occur by the end of 2021. So reports ABC News.
Annual economic growth since June of 2009 has averaged just a bit higher than 2%, which is a slow pace that has helped prolong the expansion.