U.S. outlook for 2024
The U.S. economy is expected to slow to a 1.6% growth rate in the first two quarters of 2024, followed by a rise to 1.8% growth in the final two quarters of the year.
Indiana housing market: 2024 forecast
While Fannie Mae predicts declines in new construction and existing home sales in 2024, the Mortgage Bankers Association predicts strong rebounds in housing market activity.
International outlook for 2024
The IMF expects 2024 growth in the global economy to continue at a rate of 2.9%, coming off projected 2023 growth of 3.0%, but the outlook has become slightly more pessimistic due to geopolitical shocks that could unsettle financial and energy markets.
Financial markets in 2024: A slow start and strong finish?
For the U.S. financial market, stocks are expected to be flat to slightly higher in 2024, lagging the long-term average return of 7%, and any economic slowing may result in a negative 2024 for major stock indices.