National Restaurant Association: Economic Outlook for 2nd Half of 2019 Remains Positive
Growth in the national economy slowed during the first half of 2019. Job growth averaged just 172,000 a month during the first six months of 2019, which was down from an average monthly gain of more than 223,000 jobs during 2018. In addition, consensus forecasts have U.S. gross domestic product (GDP) rising less than 2 percent during the second quarter, which would make the first half expansion the weakest two-quarter growth in more than a year.
To be sure, a slowing economy doesn’t mean a contracting economy...
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