Reported 1 day ago
Forecasters predict that the U.S. economy will continue its steady growth into 2025, supported by strong consumer spending and a stable job market, with an estimated annual growth rate of 1.9%. However, the potential impact of incoming President Donald Trump's proposed tariffs poses a risk to this outlook, as heavy tariffs could lead to price increases and negatively affect economic growth. Despite these uncertainties, many economists remain optimistic, anticipating a healthy 2.5% growth rate.
Source: YAHOO