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Real GDP long-term forecast is the trend gross domestic product (GDP), including long-term baseline projections, in real terms. Forecast is based on an assessment of the economic climate in individual countries and the world economy, using a combination of model-based analyses and expert judgement.
7 Μαρ 2024 · Real GDP growth is expected to remain subdued in early 2024, amid waning tailwinds and tight financing conditions, before strengthening thereafter, supported by increasing household income, government consumption and foreign demand.
Compared with the March 2024 projections, real GDP growth has been revised up 0.3 percentage points for 2024, down by 0.1 percentage points for 2025 and remained unrevised for 2026 (Table 3 and Chart 2).
Graph and download economic data for GDPNow from Q1 1947 to Q4 2024 about nowcast, projection, headline figure, GDP, rate, USA, and real.
In conjunction with the Federal Open Market Committee (FOMC) meeting held on March 19–20, 2024, meeting participants submitted their projections of the most likely outcomes for real gross domestic product (GDP) growth, the unemployment rate, and inflation for each year from 2024 to 2026 and over the longer run.
The chart below shows GDPNow's real-time forecasts made just prior to the release of the initial estimate of the annualized growth rate of real GDP along with the initial estimates from the US Bureau of Economic Analysis.
Trend gross domestic product (GDP), including long-term baseline projections (up to 2060), in real terms. Forecast is based on an assessment of the economic climate in individual countries and the world economy, using a combination of model-based analyses and expert judgement.
