-
GTC News posted an update
The OECD has revised its global growth forecast upwards, citing stronger-than-expected performances by the US and China in consumer spending, business investments, and exports. The US economy’s recovery, driven by government spending, improved employment rates, and China’s growth from domestic consumption and exports, contribute to an overall positive outlook for the global economy.
Al Jazeera. (2024, May 2). OECD lifts global growth outlook as US, China outperform expectations. Al Jazeera. https://www.aljazeera.com/economy/2024/5/2/oecd-lifts-global-growth-outlook-as-us-china-outperform-expectations
