UCLA Anderson Forecast sees economy moving ahead ― for now

The overall economy appears to be growing at a steady pace, but there are potential threats that could affect the United States and California economic outlooks, according to the UCLA Anderson Forecast’s second quarterly report for 2018. The risk of a trade war with one or more of the major U.S. trading partners, the uncertainties in Italian politics and their potential impact on the Euro-zone, the potential for withdrawal from NAFTA, and the now likely victory of Andres Manuel Lopez Obredor in the July Mexican presidential elections are among the elevated risks to the current forecast.