Global Economy Forecast 2024. The forecast for q2 2024 shows confidence in the us economy, supported by consumer spending, business investment, and a robust job market. The rise in the us unemployment rate in july stoked fears that the us may be entering recession and, coupled with policy tightening by the bank of japan, lead to turbulence in financial markets in early august.
S&p global market intelligence analysts’ forecast of global real gdp growth in 2024 is unchanged at 2.7% in july’s update. Slow global growth clouds forecast for equities.