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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Business Economists Have a Gloomy Outlook
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.
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