Economics: Headwinds will moderate growth in 2024
Floor Covering News
JANUARY 24, 2024
Yes, I think 2024 and 2025 will be tough, but in 2026 you’ll find that lending standards will begin to ease again.” Impact of Israel-Hamas conflict on the U.S. gross domestic product (GDP) seen in the third quarter of 2023 was driven by non-farm inventories, according to ITR Economics. Lowering interest rates will help.
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