Staffing Industry Analysts (12/15/23)

The US economy beat expectations in the second half of this year, though growth will slow next year, according to the December results of the biannual Livingston Survey.

Economists surveyed now believe US gross domestic product will have increased at a 3.1% annualized growth rate in the second half of this year. That’s up from a contraction of 0.7% estimated in the previous Livingston survey released in June 2023.