Defying the Odds: U.S. Outlook to 2029—November 2024

Defying the Odds: U.S. Outlook to 2029—November 2024

International
10 min read

Author: Meghan Eibner

$1,260.00

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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The U.S. economy has yo-yoed over the last several quarters, from strong growth late in 2023, to a slowdown early this year, and a mid-year rebound. As inflation trended downward, the Fed made a giant-sized interest rate cut in September. Will the transition to looser monetary policy continue over the forecast period? Will it stimulate critical areas such as housing, consumer confidence, employment, and wages? With an election coming up in November and the two candidates’ differing tax agendas, where can we expect fiscal policy to go over the next few years?

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