United States economic outlook: first half of 2024

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cepal.bibLevelDocumento Completo
cepal.callNumberLC/WAS/TS.2024/4
cepal.docTypeDocumentos de proyectos e investigación
cepal.jobNumberS2401028_en
cepal.regionalOfficeWashington
cepal.sdg1
cepal.topicEngECONOMIC GROWTH
cepal.topicEngECONOMIC INDICATORS AND PROJECTIONS
cepal.topicEngINFLATION
cepal.topicEngMACROECONOMICS
cepal.topicEngFINANCIAL AND MONETARY SECTOR
cepal.topicSpaCRECIMIENTO ECONÓMICO
cepal.topicSpaINDICADORES ECONÓMICOS Y PROYECCIONES
cepal.topicSpaINFLACIÓN
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.accessioned2024-10-14T18:13:15Z
dc.date.available2024-10-14T18:13:15Z
dc.date.issued2024-10-14
dc.description.abstractThe United States economy expanded at an annualized rate of 3.0% in the second quarter of 2024 —more than double the 1.4% GDP growth recorded in the first quarter and well above the economy’s long-term growth potential—, driven primarily by consumer spending. The resilience of consumer spending has been supported by receding inflation and a robust labour market. Inflation slowed to 2.5% in August 2024, the lowest level in more than three years. Employment has increased for 44 consecutive months, but the labour market is softening. The Federal Reserve announced an interest rate cut of 0.50% in September, launching the first easing monetary cycle since the onset of the COVID-19 pandemic and signalling more reductions to follow, alleviating pressure on financial conditions in Latin America and the Caribbean. The United States economic outlook reports are published three times a year and follow the main macroeconomic developments of the United States economy and how they could affect financial conditions in Latin America and the Caribbean. This issue contains a special chapter with a brief description of the positions of the United States presidential candidates on key economic policy issues and what they could mean for Latin America and the Caribbean.
dc.formatTexto
dc.format.extent42 pages.
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/WAS/TS.2024/4
dc.identifier.urihttps://hdl.handle.net/11362/80755
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.unbisEngPOLITICAL CONDITIONS
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.subject.unbisSpaCONDICIONES POLITICAS
dc.titleUnited States economic outlook: first half of 2024
dc.type.coarlibro
dc.usergrouppubweb
dspace.entity.typePublication
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