Us Economy 2024 Outlook Economics. Goldman sachs expects growth in america to be robust, at 2.1%, around double the level that economists at ubs foresee. The key surprise has been much stronger than expected gdp growth, though this has not prevented the labor market from continuing to rebalance or inflation from.
Us consumer spending was robust in 2023 but was mixed in the first half of 2024 as pandemic savings ran dry, and high prices and interest rates drained wallets. Goods and services trade deficit increased in july 2024 according to the u.s.