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Forecasted Stronger Economic Growth of 2.2% in 2024
National Association for Business Economics (02/26/24) According to the February NABE Outlook Survey, panelists have significantly raised their projections for U.S. economic growth in 2024, now expecting a 2.2% increase in inflation-adjusted gross domestic product compared to the previous forecast of 1.3% in December 2023. This upward revision is driven by improvements across key sectors including personal consumption, nonresidential and residential investments, and government expenditures.