GYF’s Business Valuation & Litigation Support Services Group continues to monitor economic conditions. The U.S. economy, in the fourth quarter, is being viewed as cautiously optimistic. Several positive indicators suggest that the economy is stable and resilient, including inflation approaching the Federal Reserve’s 2% target, an unemployment rate that remains relatively stable at around 4.1%, and consumer confidence that has strengthened in recent months. However, challenges remain, particularly with the change in the presidential administration, which could bring changes in policy that may impact taxes, tariffs, and immigration, potentially affecting economic growth.
Inflationary pressures have eased, with idiosyncratic price increases contributing to temporary fluctuations, while interest rates have been lowered to stimulate economic activity The outlook for growth in sectors such as commercial real estate and nonresidential construction is promising, supported by strong planning activity and momentum in data center construction. Overall, the U.S. economy is expected to maintain slow but positive growth, with GDP and inflation projections indicating a stable outlook through the coming years. Investors may view these economic conditions positively, although the uncertainty surrounding policy changes will require close monitoring. For a more details about Q4 of 2024, download our Economic Recap.
