... but at a slower pace than in the previous months, according to the most recent PMI results published March 5 by S&P Global. " Uncertainty hits demand and employment " " and the US is no longer outperforming the rest of the world. "
For details look at the March 5 press release on the J.P. Morgan Global Composite PMI
The Federal Reserve Bank of Philadelphia published February 14 the results of its most recent quarterly survey of 40 professional forecasters. On average, they estimate US real GDP growth at 2.4% in 2025 and 2.2% next year. That compares to 2.8% in 2024 and 2.9% in 2023, as calculated by the Bureau of Economic Analysis.
The forecasters predict that US real GDP should grow at an annual average of 2.1% over the next 10 years.
