The median forecast for real economic growth after inflation is higher for both 2024 and 2025 than previously expected, reports the National Association for Business Economics (NABE).
In the organization’s September survey of its professional forecaster members, the median expectation for real GDP was 2.6%. In its November 2024 survey, expectations were now 2.7%. Fourth quarter growth was also increased, from 1.5% to 2.0%.
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