GYF’s Business Valuation & Litigation Support Services Group continues to monitor economic conditions. The outlook of the U.S. economy at the end of Q2 2024 is being viewed as cautiously optimistic. There are several positive economic indicators – employment is steadily rising, unemployment has remained low throughout 2024, and inflation has eased over the years to become closer to a 2% objective. On the other hand, there is a decrease in consumer confidence due to factors such as greater downside risks and high interest rates continuing to constrain lending growth. Overall, national economic activity continued to expand at a solid pace, which should result in a watchfully positive perspective from investors in the foreseeable future. For a more in-depth look into Q2 of 2024, download our Economic Recap.
