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Sep 20, 2024 · The Q3 2024 forecast indicates how robust consumer spending, high business investment, and lower interest rates have kept optimism about the US economy intact. However, risks like geopolitical tensions and persistently high inflation remain.
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2 days ago · The GDP estimate released today is based on source data that are incomplete or subject to further revision by the source agency (refer to “Source Data for the Advance Estimate” on page 2). The “second” estimate for the third quarter, based on more complete source data, will be released on November 27, 2024.
Oct 23, 2024 · US economic data continue to surprise to the upside, revealing ongoing resilience despite looming uncertainties and persistent shocks. We now expect real GDP to expand by 2.6 percent year-over-year in 2024, an upward revision from 2.4 percent.
Jan 23, 2024 · Expect the U.S. economy to slow down in 2024 but continue to avoid a recession, a Cornell economist predicts.
Sep 24, 2024 · We kept our probability of recession starting over the next 12 months unchanged at 25%. With consumption still healthy, for now, near-term recession fears appear overblown. S&P Global Ratings expects the U.S. economy to expand 2.7% in 2024 and 1.8% in 2025 (on an annual average basis).
Nov 14, 2023 · Goldman Sachs Research expects GDP to grow 1.8% in 2024 on a Q4/Q4 basis (or 2.1% on a full-year basis), again easily beating low consensus expectations. Our economists forecast just under 2% consumption growth, with real disposable income growth of nearly 3% partly offset by a 1pp rise in the saving rate and expect the FOMC to deliver its ...
2 days ago · Regardless, American shoppers continued to fuel economic growth in the third quarter with their spending, according to Wednesday’s GDP report. That marked by far the biggest contributor to ...
