PPLC - Global Economy Forecast: Not As Bad For The U.S. As Headlines Imply
The global economy is growing moderately, but that’s a great deal better than news headlines imply. World GDP is likely to expand by 2.8 percent his year, inflation-adjusted. That’s down from 3.4 percent two years ago, but still decent growth.
That forecast and the more specific projections below come from FocusEconomics. They add up country-level forecasts made by economists on the ground around the world. Their coverage is quite broad, and looking at a consensus figure avoids the risk of picking the wrong guru. Forecasts are not always right, of course, but consensus forecasts tend