The economic outlook for 2025 presents mixed signals. While US stocks have entered a correction, indicators like the yield curve and high-yield credit spreads remain stable. However, consumer strain is evident, with increased financing for everyday expenses and concerns over job security rising.
CROFAM SOCIAL NETWORK
The U.S. economy grew 2.8% in 2024, nearly matching the 2.9% growth achieved in 2023. A key driver of economic growth is consumer spending, accounting for nearly 70%. With unemployment at low levels and wage growth keeping pace with price increases, U.S. workers have the wherewithal to spend on both goods and services.
