World Trade Organization forecasts slow growth for 2016 and 2017

The World Trade organization released a statement this week that the growth rate from 2015 to 2016 will remain at 2.8 percent. The WTO economists expect it to grow to 3.6 percent in 2017. The slowdown of the Chinese economy and financial market volatility play a role in their forecast. Though these are not the staggering increases we would all like to see, it does show stability.