26 January 2016, 16:57 GMT
WASHINGTON (Sputnik) – A significantly lower number of investors now expect the US economy will grow over the next year than the number of investors in October, a Fitch Rating/Fixed Income Forum survey revealed on Thursday.
"Only one-third of those polled now believe economic growth will be 2 percent — 3 percent over the next 12 months — a sharp reduction of the 84 percent who expected this outcome in our last survey in October," Fitch stated.
The ratings agency noted the remainder of respondents was more pessimistic, expecting a 1-2 percent economic growth in the next 12 months.
"Investors expect the economic headwinds and tighter credit environment to create challenges for the corporate sector, especially at the higher-risk end," Fitch pointed out.
In February, the Organization for Economic Co-operation and Development downgraded its 2017 GDP growth forecast for the United States from 2.4 to 2.2 percent.
