Us Economy 2024 Size Comparison. Cbs professor brett house notes that the us avoided a recession in 2023 and has started 2024 off strongly compared to its industrialized peers. Economy emerged from the pandemic even more quickly than previously reported, revised data from the federal government.
Measured in relation to the size of the economy, those outlays grow from 3.1 percent of gdp in 2024 to 4.1 percent in 2034, at which point they would nearly equal projected outlays for medicare. Nonetheless, the economy is expected to lose momentum in h2 2024 as high prices and elevated interest rates sap domestic demand.
Us Economy 2024 Size Comparison Images References :
