U.S. Hotels State of the Union May 2025 Edition ...Middle East

CBRE reduces 2025 GDP growth outlook to 1.4% from 2.4%. Following a 0.3% Q1 2025 GDP decline, CBRE cut its 2025 GDP outlook by 100bps and reduced its 2026 growth forecast to 1.7% from 2.4%. Inflation is expected to rise from 2.5% to 2.9% in 2025 and from 2.7% to 3.6% in 2026.

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