Us Economy Status 2024. The deficit decreased from $78.9 billion in july (revised) to $70.4 billion in august, as exports increased and imports. The us economy is growing faster than projected, driven largely by consumer spending and the federal reserve’s successful efforts to get inflation under control without.
Global growth is projected to be in line with the april 2024 world economic outlook (weo) forecast, at 3.2 percent in 2024 and 3.3 percent in 2025. However, the average growth forecast gives an overly positive.