Local Economic Growth Expected to Continue for the Remainder of 2018

By John Gnuschke, Ph.D., Director and Jeff Wallace, Ph.D., Research Professor
Sparks Bureau of Business & Economic Research, The University of Memphis

The outlook for the Memphis MSA for the remainder of 2018 is for continued economic growth, income, and job creation because of the steady expansion of the national economy. Historically, the Memphis economy expands during periods of sustained national economic growth.  Therefore, the stronger the nation grows, the stronger the Memphis economic expansion will be in 2018 and into 2019.  Stronger growth will be met with stronger expansion plans by businesses in both Memphis and the nation.

continue