FAAs Latest Forecast

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According to the assumptions the FAA used in its forecasting, the U.S. economy is projected to grow during the period, but more slowly than any other region in the world. Real gross domestic product (GDP) growth in the U.S. for the 20-year period is forecast at 1.8 percent while worldwide GDP growth is estimated at 2.8 percent. Only Europe, Africa and the Middle East are projected to see similar GDP growth, estimated to be 1.9 percent. The Asia/Pacific region leads the pack, with 4.0 percent growth projected over the next 20 years.
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