Is "moving forward" at the end of a sentence grammatical?

News media talking heads come up with new buzzwords and phrases over time. One such phrase that has been widely used of late (specifically at the end of a sentence), is: moving forward.

For example:

Economists expect to see significant progress in this area moving forward.

Is this correct to say, grammatically speaking?

It's a synonym for "in the future", so it's an adjective phrase. It modifies 'progress'.

Predicting if and when it will become 'accepted' (and to whom) is beyond our abilities, I'm afraid.

As I have heard this phrase used, it has a bit more baggage than just "from now on," or "in the future."

It does mean that, but in addition, it gives a feeling of moving into the future in a constructive way. Similar to "onward and upward."