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University forecasts economic slowdown in Georgia in 2020

The state's economy is predicted to continue to grow in 2020, but at a slower pace.

ATLANTA — An economic forecast predicts fewer jobs will be created in Georgia next year compared to this year.

The Georgia Economic Outlook report says the state's economy will continue to grow in 2020, but at a slower pace. 

Consumer spending, low interest rates and rising home values are expected to drive the economy. But international trade tensions, a stock market correction or a policy mistake by the Federal Reserve could pose a recession risk. 

RELATED: US budget deficit surges: 34% bigger than a year ago

The report was produced by the University of Georgia's Center for Economic Growth. It was presented Wednesday by the dean of the university's Terry College of Business.


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