Amid grim headlines and a widely-held perception that global growth is slowing dramatically, new economic data forecasts from The World Bank and The Wall Street Journal indicate that neither world economic growth nor the U.S. economy are in bad shape.

Since June 30th, 2018, the economic staff at The World Bank shaved their expectations for global growth by a tenth of 1%. That's a small downward revision compared to the concerns in the media about the trade dispute with China causing a global slowdown that will hit the United States.