# In an in-depth interview, Professor Aswath Damodaran shares his views on economic growth in 2017

1 Faculty News December 22, 2016 ![The Economic Times logo](/sites/default/files/styles/246w/public/assets/images/con_032922.jpg?itok=VCGfauqd)>

Excerpt from the [Economic Times](http://economictimes.indiatimes.com/markets/expert-view/us-alone-not-enough-without-china-and-india-global-growth-will-fall-aswath-damodaran/articleshow/56114945.cms) -- "To be quite honest, 2% to 2.5% is the long term growth and I do not see growth in the US economy going to 6% or 7%. It is not that kind of economy. 3.5% is really a good year and 1% is a bad year and 2.5% is the middle. That is why when I said earlier that Asia has got to provide that extra growth, the US economy is not capable of providing 6%, 7%, 8% growth. It is a mature economy. So 2.5% might become 3% or 3.25% but I do not see it jumping going forward even if good things happen."

[Read more](http://economictimes.indiatimes.com/markets/expert-view/us-alone-not-enough-without-china-and-india-global-growth-will-fall-aswath-damodaran/articleshow/56114945.cms)