World Economic Outlook (WEO) Update, July 2017:A Firming Recovery

Author: International Monetary Fund. Research Dept.

The pickup in global growth anticipated in the April World Economic Outlook remains on track, with global output projected to grow by 3.5 percent in 2017 and 3.6 percent in 2018.

Volume/Issue: Volume 2017 Issue 004

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Economics- Macroeconomics , International - Economics ,

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Summary

The pickup in global growth anticipated in the April World Economic Outlook remains on track, with global output projected to grow by 3.5 percent in 2017 and 3.6 percent in 2018. The unchanged global growth projections mask somewhat different contributions at the country level. U.S. growth projections are lower than in April, primarily reflecting the assumption that fiscal policy will be less expansionary going forward than previously anticipated.