This week’s Sentiment Survey special question asked AAII members for their opinion about the current pace of economic growth. Forty percent of respondents described the pace of growth as slow, too slow or sluggish. Several of the respondents believe that the pace of economic growth will accelerate. Slightly more than 15% think that the economy is growing a steady pace, though some of these respondents described growth as slow but steady. Just 12% described growth in favorable terms. Almost 8% think that the economy is at risk of slowing. Across responses, several respondents mentioned President Donald Trump and the potential impact that his policies may have on the economy.
Here is a sampling of the responses:
- “Slow and steady.”
- “Right now, I think economic growth is moderate.”
- “Improving, but slow.”
- “Much too slow.”
- “Growth is slow, but may pick up with corporate tax overhaul.”