'The U.S. economy appears to be slowing, and respondents expect still slower growth over the next 12 months,' NABE President Constance Hunter said.
represented at seven-year low. The survey also found that wage and salary growth"was much less widespread at respondents' firms in the third quarter of 2019 than in the previous four years."results put expansion expectations significantly below what the president has sought. The Trump administration has yet to achieve a full year of its 3survey did not expect future growth to approach such levels.
Trump announced earlier this month that the U.S. and China would be agreeing to a"phase one" trade deal, which would involve Beijing buying tens of millions of dollars of agricultural products from the U.S. However, as Trump seeks to shore up the trade war with China, he has escalated tensions with other countries. After the World Trade Organization said that the U.S. could levy $7.5 billion in tariffs against the European Union for illegal subsidies the bloc gave to Airbus, Washington imposed tariffs on a range of European goods.JOHANNES EISELE/AFP via Getty Images
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