When is USA economy expected to enter growth phase?
Via Aria , Opera browser AI. Q. When is USA economy expected to enter growth phase? A. Based on the real-time information, the forecast for the USA economy entering a growth phase varies depending on different sources. Here are some insights: The Conference Board forecasts that overall growth will return to more stable pre-pandemic rates in 2025. Deloitte's baseline forecast suggests that economic growth will slow to the potential rate of around 1.5% to 1.6%, with inflation moderating to below 3% by 2025. J.P. Morgan's economic outlook predicts a below-trend pace of expansion in 2024, following better-than-expected real GDP growth of 2.8% in 2023. J.P. Morgan Asset Management's base case forecast for 2024 includes 2% growth, 0 recessions, 2% inflation, and 4% unemployment. The Congressional Budget Office projects that real GDP will increase by 1.5% in 2024 and by 2.4% in 2025, with an initial slowdown in economic growth leading to higher unemployment. Please note that these...