OECD Economic Outlook, Volume 2019 Issue 1
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The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances.
Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, a special chapter on the effects of digitalisation on productivity and a chapter summarising developments and providing projections for each individual country.
United States
Economic growth is slowing as fiscal policy becomes less supportive, and headwinds from a weaker global outlook, as well as trade and political uncertainties, weigh on activity. The labour market remains strong and, while job growth will slow, wages are picking up, which will underpin continued consumption growth. Uncertainty about trade policy and the consequences of past trade measures, coupled with the current weakness in global demand, are damping exports and investment.
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