{"id":8761,"date":"2024-10-31T06:58:05","date_gmt":"2024-10-31T12:58:05","guid":{"rendered":"http:\/\/uawlocal2250.net\/live\/?p=8761"},"modified":"2024-10-31T06:58:05","modified_gmt":"2024-10-31T12:58:05","slug":"the-u-s-has-the-strongest-economy-in-the-world","status":"publish","type":"post","link":"https:\/\/uawlocal2250.net\/live\/index.php\/2024\/10\/31\/the-u-s-has-the-strongest-economy-in-the-world\/","title":{"rendered":"The U.S. Has The Strongest Economy In The World!"},"content":{"rendered":"<p>Reuters brings us the latest from the International Monetary Fund in<a href=\"https:\/\/www.reuters.com\/markets\/us\/imf-lifts-us-growth-forecast-marks-down-china-sees-lackluster-global-economy-2024-10-22\/\"> US Remains Engine of Global Growth<\/a>&#8230;<\/p>\n<blockquote><p>In its latest World Economic Outlook, the IMF raised its 2024 and 2025 economic growth forecasts for the U.S. &#8211; the only developed economy to see its outlook marked up for both years &#8211; and its chief economist said the &#8220;soft landing&#8221; sought by the\u00a0<a class=\"text__text__1FZLe text__inherit-color__3208F text__inherit-font__1Y8w3 text__inherit-size__1DZJi link__link__3Ji6W link__underline_default__2prE_\" href=\"https:\/\/www.reuters.com\/markets\/rates-bonds\/with-feds-rate-cut-hand-debate-swirls-over-how-big-move-2024-09-18\/\">Federal Reserve<\/a>\u00a0in which inflation eases without big damage to the job market had largely been achieved.<\/p>\n<p>The IMF revised its 2024 U.S. growth forecast upward by two-tenths of a percentage point to 2.8% due largely to stronger-than-expected consumption fueled by rising wages and asset prices. The global lender also upgraded its 2025 U.S. growth outlook by three-tenths of a percentage point to 2.2%, slightly delaying a return to trend growth.<\/p><\/blockquote>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.pixabay.com\/photo\/2013\/07\/13\/12\/44\/engine-160230_1280.png\" alt=\"Free engine motor combustion vector\" \/><\/p>\n<p>(Graphic by OpenClipart Vectors, Pixabay)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters brings us the latest from the International Monetary Fund in US Remains Engine of Global Growth&#8230; In its latest World Economic Outlook, the IMF raised its 2024 and 2025 economic growth forecasts for the U.S. &#8211; the only developed economy to see its outlook marked up for both years &#8211; and its chief economist [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22,34],"tags":[1016,1017],"class_list":["post-8761","post","type-post","status-publish","format-standard","hentry","category-labor-news","category-made-in-usa","tag-engine-of-growth","tag-us-economy"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/uawlocal2250.net\/live\/index.php\/wp-json\/wp\/v2\/posts\/8761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uawlocal2250.net\/live\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uawlocal2250.net\/live\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uawlocal2250.net\/live\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/uawlocal2250.net\/live\/index.php\/wp-json\/wp\/v2\/comments?post=8761"}],"version-history":[{"count":1,"href":"https:\/\/uawlocal2250.net\/live\/index.php\/wp-json\/wp\/v2\/posts\/8761\/revisions"}],"predecessor-version":[{"id":8762,"href":"https:\/\/uawlocal2250.net\/live\/index.php\/wp-json\/wp\/v2\/posts\/8761\/revisions\/8762"}],"wp:attachment":[{"href":"https:\/\/uawlocal2250.net\/live\/index.php\/wp-json\/wp\/v2\/media?parent=8761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uawlocal2250.net\/live\/index.php\/wp-json\/wp\/v2\/categories?post=8761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uawlocal2250.net\/live\/index.php\/wp-json\/wp\/v2\/tags?post=8761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}