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Economics: Headwinds will moderate growth in 2024 

Floor Covering News

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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Economics: ITR forecast signals return to ‘normalized’ growth

Floor Covering News

While ITR Economics attests to the fact that first quarter gross domestic production (GDP) was down 0.36% from the fourth quarter of ’21, the firm believes there were mitigating circumstances. industrial production keeps on rising. industrial production and to thousands of other data series that span most industries and most economies.