Slower GDP Growth and Falling Inflation in U.S. Economic Outlook for 2024
The U.S. economy is expected to slow in 2024, with real GDP growth projected to fall to 1.3% from 2.6% in 2023. Private forecasters also expect inflation to continue to decline, falling to 2.4% in 2024. Key factors contributing to the slowdown in 2024 include: Slower growth of real private consumption expenditures (PCE): PCE is […]
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