What recession? Professional forecasters raise expectations for US economy in 2024 ...Middle East

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NEW YORK (AP) — This year looks to be a much better one for the U.S. economy than business economists were forecasting just a few months ago, according to a survey released Monday. The economy looks set to grow 2.2% this year after adjusting for inflation, according to the National Association for Business Economics. That’s up from the 1.3% that economists from universities, businesses and investment firms predicted in the association’s prior survey, which was conducted in November. It’s the latest signal of strength for an economy that’s blasted through predictions of a recession. High interest rates meant to get inflation under control were supposed to drag down the economy, the thin

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Last updated : 26 February 2024 clock 09:45 AM

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What recession? Professional forecasters raise expectations for US economy in 2024 ...Middle East

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