Soft Landing in Sight: U.S. Five-Year Outlook—February 2024

Soft Landing in Sight: U.S. Five-Year Outlook—February 2024

12 min read

Author: Meghan Eibner


This quarterly report focuses on the latest economic developments in the U.S. economy, tracking trends in labour, consumer, energy, and housing markets and examining industries and regions. Monetary and fiscal policy assumptions are also included.

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In our five-year economic forecast for the United States, we look at the impact of elevated prices and interest rates, as well as the labour market, inflation, and the U.S. fiscal deficit.

How will slowing labour demand impact the unemployment rate? What is the fallout on the housing market and home construction from aggressive interest rate hikes over 2023? Will the Fed cut interest rates in 2024?

Read the impact paper to get our full analysis.

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