... of 2.7% in 2024, according to PMI survey results produced by S&P Global and published December 5. That would be less than the IMF economists forecast of 3.2% published last October.
Comments on leading indicators and the economic outlook, this is what you will mainly read in my blog.
Sunday, December 8, 2024
Saturday, November 23, 2024
G20 economies: weaker growth in the coming years
According to IMF economists, `` ... growth is poised to weaken over the next five years and remain well below what was typical in the two decades before the pandemic. `` for most of G20 economies. Different policies are suggested in that text to support these economies.
Sunday, September 8, 2024
The world economy was expanding at a faster pace in August
According to the J.P.Morgan Global Composite PMI, the wold economy expanded faster in August than in July. The service sector was the growth engine, while manufacturing contracted again. « India saw the strongest growth overall, followed by the US. Rates of expansion were relatively mild in China and the euro area as a whole. »
Saturday, February 17, 2024
US economy: upward revision
The 34 forecasters, consulted quarterly by the Federal Reserve Bank of Philadelphia, predict that the US real GDP will grow 2.4% in 2024 (median forecast). Their previous estimate was at 1.7 %.
Link to the press release from the Federal Reserve Bank of Philadelphia