The economy is growing at a rate of 1.7% and shouldn’t expect a recession to come anytime soon. However, the trade war is a global economic slowdown and lots of corporate capital plans have been put on hold due to uncertainties. While expecting a slowdown to persist in the fourth quarter, next year would be rough for the American economy.
Read More: https://edition.cnn.com/2019/10/29/economy/q3-us-gdp-expectations/index.html