U.S. Economic Outlook. Second quarter 2019

Summary

In July, the current economic expansion will reach 121 months, becoming the longest in modern history. Barring any shocks, inflation-adjusted GDP will average more than $21T in 2019 and by the end of the year real GDP per capita will surpass $58K.

Key points

• Key points:
• Economic resiliency tested with rising uncertainty and breakdown in trade detente.
• Are markets dreaming in a U.S. dollar swing?
• Small business lending: market size and online competitors.
• New-vehicle sales outlook.

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