Share

Usa: IMF, "significant recovery of economic growth" after the slowdown at the beginning of the year

The wave of bad weather that hit the United States at the beginning of the year slowed the momentum of the US economy, but recent data "suggest a significant recovery in growth in the rest of the year" - This is what we read in the International Monetary Fund report

Usa: IMF, "significant recovery of economic growth" after the slowdown at the beginning of the year

Following the wave of bad weather that had hit the United States earlier in the year, slowing the momentum of the US economy, recent data “suggest a significant recovery in growth in the rest of the year”, with a “2015 that should exceed potential.” This is what is reported in the report of the International Monetary Fund drawn up in Washington at the conclusion of the Article IV monitoring mission.

However, declared the IMF, "the renewed dynamism only partially balances a weak first quarter (GDP contracted by 0,1%) and growth is expected at 2% in 2014 and 3% in 2015", after +1,9% last year.

According to IMF estimates, the decline in the unemployment rate will be slow, going from 6,7% in 2013 to 6,2% this year (it was 6,3% in May) and 5,9% in 2015.

comments