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US Industrial Production Stagnates as Factory Output Declines /
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2024-07-10 13:05:47

US Industrial Production Stagnates as Factory Output Declines on Nostr: Global Economy Shows Resilience with Revised Growth Forecasts and Sectoral Upgrades ...

Global Economy Shows Resilience with Revised Growth Forecasts and Sectoral Upgrades
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#2bef6d19 ver:1.22

Global economy shows resilience with revised growth forecasts and sectoral upgrades. Global growth forecast for 2024 revised upward to 2.5%, stabilization at 2.7% in 2025. Emerging markets like India, Turkey, and Poland sustain economic momentum. US labor market returns to pre-pandemic levels, China's rebound uneven. Euro zone and China show signs of recovery. Inflation remains high, caution from the Fed. Saxo Bank warns of threats to the 'sandcastle economy' in the longer term. Despite risks, global GDP growth accelerating, US leading the way. OPEC revises global GDP growth forecast to 2.9%, reflecting confidence in economic recovery. #GlobalEconomy #GrowthForecasts #Resilience...

#newstr #GlobalEconomy #GdpGrowth #RevisedForecast #Opec #Covid19Pandemic

https://here.news/story/2bef6d19?ver=1.22
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