Source link : https://earth-news.info/general/oecd-raises-global-and-u-s-growth-outlooks-following-unexpected-economic-resilience/
The Organization for Economic Cooperation and Development (OECD) has revised its growth forecasts upward for both the United States and the global economy, citing stronger-than-expected economic performance in recent months. In its latest economic outlook, the OECD attributed the positive surprises to resilient consumer spending, robust labor markets, and accelerating industrial activity across key regions. This optimistic update marks a notable shift from earlier predictions, signaling renewed confidence in the pace of recovery amid ongoing challenges such as inflationary pressures and geopolitical uncertainties. The upgraded projections underscore an improving economic landscape that could influence policy decisions and market expectations worldwide.
US Economic Outlook Brightens as OECD Raises Growth Forecast
The latest projections from the Organisation for Economic Co-operation and Development (OECD) signal a marked improvement in the economic landscape, as both the U.S. and global growth forecasts have been revised upwards. This optimistic adjustment reflects stronger-than-expected consumer spending, robust labor market conditions, and resilient manufacturing output. Key factors driving this positive momentum include:
- Increased household income fueling demand across various sectors.
- Technology and innovation boosting productivity gains.
- Effective policy measures that have stabilized inflationary pressures.
Below is a concise comparison of the OECD’s growth…
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Author : earthnews
Publish date : 2025-09-24 00:21:00
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