Good news and bad news: while we still project no recession in 2019, early signs point to US GDP growth a little lower than the midpoint of our end-of-2018 projections. At that time, we forecasted GDP growth to come in around 2.25% for 2018 Q4, tapering further to about 1.9% in 2019 Q2. 2018 Q4 came in a bit lower, and we expect a repeat in 2019 Q1.

Our forecasts are mostly unchanged — we still see annualized quarterly growth falling under 2% soon — now we expect to drop more rapidly to 1.7% growth in 2019 Q2.

In broader terms, we foresee year over year growth in annual US GDP to fall to about 2.2%, far slower than booming 2018. In the context of the 21st century US Economy, 2.2% year-over-year growth doesn’t scare us just yet, but we will continue to monitor macroeconomic indicators into the year.

Big Data Federation, Inc. is an artificial intelligence-driven financial technology company which develops and applies innovative machine-learning technologies to big data to predict financial and economic fundamentals metrics. We comprise a group of technologists, mathematicians, data scientists, economists, and programmers in the Silicon Valley and Europe. The company was incorporated in 2015, is headquartered in Santa Clara, California and has an office in Chișinău, Moldova.