What are the trends for 2023 economy?


What are the trends for 2023 economy? We forecast that real GDP will grow by 2.2 percent in 2023, and then fall to 0.8 percent in 2024. US consumer spending has held up remarkably well this year despite elevated inflation and higher interest rates.


What is the economic outlook for August 2023?

Leading indicators show signs of a rebound—will it sustain? Confidence potentially returning but consumers remain cautious; inflation persistent in some countries; trade volumes still declining.