5 reasons to be optimistic about the 2025 economy
CNN
The world faces a plethora of serious problems entering 2025. The US economy is not one of them.
The world faces a plethora of serious problems entering 2025. The US economy is not one of them. Powered by relentless spending from consumers, America’s historic economic recovery from the pandemic crash continued in 2024. Economic growth has consistently defied forecasts, overcoming lofty interest rates and uncomfortably high inflation. Financial markets boomed. Hiring slowed, but layoffs remain relatively low. Entering 2025, there are plenty of reasons to be optimistic about the economy as the Trump administration prepares to take power. “The US economy, as it’s done for many years, continues to chug along at a very steady pace,” said David Kelly, chief global strategist at JPMorgan Asset Management. Remember those 2022 predictions of an almost-certain recession? Thankfully, that recession has yet to arrive.