Economic outlook: slow expansion in ’16 with 2 percent GDP
Jan. 21, 2016
The U.S. economy will continue to expand slowly, thanks to a projected gross domestic product (GDP) of 2 percent, no inflation and a 5 percent unemployment rate, according to a Cornell economist.
The economy is still on the upswing, although the current expansion is not as strong as many would like, said Steve Kyle, associate professor of applied economics and management. Read full article