National Association for Business Economics’ (NABE) December 2016 Outlook Survey forecasts 2.2% growth in real GDP for 2017. The annualized growth rate forecasted for 2017 inched downward to 2.2% in the current survey from 2.3% in September. Both projections illustrate the panel’s expectation of accelerating growth in 2017 compared with the median estimate of 1.8% year-to-year growth in 2016 Q4, and a 1.6% annual growth rate for 2016 as a whole. Relatively few panelists (8%) expect the next U.S. business cycle peak will occur before 2018. One-third of panelists forecasts a peak during 2018 with another one-third expecting a peak in 2019.