Economic Optimism: Growth and Jobs Up, Inflation Down in 2024 Forecast

26 February 2024

Economists are forecasting a promising outlook for the U.S. economy in 2024, anticipating faster growth, reduced inflation, and robust job creation, defying the previous year’s recession fears. The National Association for Business Economics projects a 2.2% increase in GDP, alongside a decrease in the Consumer Price Index to 2.4%, signaling a significant improvement from past years. This optimistic scenario suggests a balanced economic environment, with moderated inflation and sustained growth.

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