United States economic outlook: 2023 year-in-review and early 2024 developments

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cepal.bibLevelDocumento Completo
cepal.callNumberLC/WAS/TS.2024/2
cepal.docTypeDocumentos de proyectos e investigación
cepal.jobNumberS2400640_en
cepal.regionalOfficeWashington
cepal.sdg1
cepal.topicEngECONOMIC GROWTH
cepal.topicEngECONOMIC INDICATORS AND PROJECTIONS
cepal.topicEngMACROECONOMICS
cepal.topicEngFINANCIAL AND MONETARY SECTOR
cepal.topicSpaCRECIMIENTO ECONÓMICO
cepal.topicSpaINDICADORES ECONÓMICOS Y PROYECCIONES
cepal.topicSpaMACROECONOMÍA
cepal.topicSpaSECTOR FINANCIERO Y MONETARIO
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaSpaDESARROLLO ECONÓMICO
dc.contributor.entityNU. CEPAL
dc.coverage.spatialEngUNITED STATES
dc.coverage.spatialSpaESTADOS UNIDOS
dc.date.accessioned2024-04-30T20:46:19Z
dc.date.available2024-04-30T20:46:19Z
dc.date.issued2024-04-30
dc.description.abstractUnited States gross domestic product rose by 2.5% in 2023. The above-potential growth was driven by resilient consumers, supported by a strong labour market and receding inflation. In 2023, 3 million new jobs were added on an annual basis, and the unemployment rate was 3.7% at the end of December. Inflation was reduced by half relative to 2022, declining from an annual rate of 8% in 2022 to 4.1% in 2023. Cognizant of the strength of the U.S. economy, the Federal Reserve is nevertheless adopting a “wait and see” approach rather than declaring an immediate end to its monetary tightening cycle, which has had an impact on Latin American and Caribbean external financing costs. The region’s debt issuers have started to anticipate the end to global interest rate hikes —while accepting that rates may remain higher for some time yet— and are gradually returning to the international market. In 2023, the region issued US$ 89 billion in bonds in international markets, a total that was 40% higher than in 2022. The United States economic outlook report, published by ECLAC three times a year, presents and analyses the main macroeconomic developments in the United States and examines how they could affect financial conditions in Latin America and the Caribbean.
dc.formatTexto
dc.format.extent39 pages.
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/WAS/TS.2024/2
dc.identifier.urihttps://hdl.handle.net/11362/69205
dc.language.isoeng
dc.publisherECLAC
dc.publisher.placeWashington, D.C.
dc.subject.unbisEngECONOMIC CONDITIONS
dc.subject.unbisEngECONOMIC INDICATORS
dc.subject.unbisEngGROSS DOMESTIC PRODUCT
dc.subject.unbisEngINDUSTRIAL PRODUCTION
dc.subject.unbisEngSALES
dc.subject.unbisEngLABOUR MARKET
dc.subject.unbisEngINFLATION
dc.subject.unbisEngMONETARY POLICY
dc.subject.unbisEngFISCAL POLICY
dc.subject.unbisEngFINANCIAL SERVICES
dc.subject.unbisEngFOREIGN TRADE
dc.subject.unbisSpaCONDICIONES ECONOMICAS
dc.subject.unbisSpaINDICADORES ECONOMICOS
dc.subject.unbisSpaPRODUCTO INTERNO BRUTO
dc.subject.unbisSpaPRODUCCION INDUSTRIAL
dc.subject.unbisSpaVENTAS
dc.subject.unbisSpaMERCADO DE TRABAJO
dc.subject.unbisSpaINFLACION
dc.subject.unbisSpaPOLITICA MONETARIA
dc.subject.unbisSpaPOLITICA FISCAL
dc.subject.unbisSpaSERVICIOS FINANCIEROS
dc.subject.unbisSpaCOMERCIO EXTERIOR
dc.titleUnited States economic outlook: 2023 year-in-review and early 2024 developments
dc.type.coarlibro
dc.usergrouppubweb
dspace.entity.typePublication
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