Economic Update - December 2018

The U.S. economy has been solid for much of 2018. The labor market has added jobs for 98 consecutive months, the unemployment rate is at a 49-year low of 3.7 percent, wages are rising, and economic growth is above three percent. However, against this seemingly robust backdrop, financial markets are in distress and many analysts and investors are predicting an economic slowdown. With the ongoing trade war with China and the yield curve – a prominent indicator of recessions – flashing warning signs, the outlook for 2019 is anything but certain.

Watch this month’s Economic Video Update with Robert Spendlove, Economic and Public Policy Officer for Zions Bank, as we discuss the current economic conditions and the trends to focus on in 2019.

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