The Paris-based Organisation for Economic Cooperation and Development (OECD) has been one of the more optimistic voices in recent economic forecasting. And it still is—but their outlook sounds strained.

The agency expects 3.1% global GDP growth this year, dropping to 2.2% next year and then improving but only to 2.7% in 2024.

For the US, the expectations are 1.8% this year, 0.5% next, and 1.0% in 2024.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

International
National
Economy
Southwest