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 forecasts are subject to change based on various factors and should be considered as estimates rather than definitive predictions.