The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn moreAug 2018
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US real GDP growth forecasts have been upgraded to 2.5-2.9% in 2018 and 2.3-2.9% in 2019. Fiscal stimulus is the key contributor to the faster growth. The strong economic conditions have also added to rising inflation, which is expected to moderately overshoot the Federal Reserve’s 2% target over 2018-2019. Financing conditions remain loose, despite the continuing tightening of monetary policy. Private sector confidence remains high, though it appears to have peaked
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We have upgraded US GDP growth forecasts to 2.5-2.9% in 2018 and 2.3-2.9% in 2019. Fiscal stimulus is the key contributor to the faster growth over 2018-2019, adding 0.5-0.7% growth annually. This comes from a combination of tax cuts and increases in federal government spending in recent congressional bills.
The strong economic conditions have also contributed to rising inflation, which is expected to moderately overshoot the Federal Reserve’s 2% target over 2018-2019.
Financing conditions remain loose, despite the continuing tightening of monetary policy. Private sector confidence remains high, though it appears to have peaked.Beyond the short-term fiscal stimulus effects, we expect long-term factors such as workforce ageing and slower productivity growth to dominate after 2020, leading to annual GDP growth of 1.1-2.1% over 2021-2025.
Baseline forecast probability: 20-30% at a 1-year horizon.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.