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March 2018

  • Buoyant world GDP growth of 3.2% this year will be followed by 3% growth in 2018, the best two-year run since 2010/11.
  • The recent equity market upset has not triggered a full-blown correction; we see little impact on growth.
  • Increased protectionism raises concerns of a trade war which increases downside risks to our forecasts.
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  • In the next decade, a wave of technological change will wash through the economy, transforming work and labour markets. In a study with #Cisco, we built a new modelling framework to examine implications more comprehensively than ever before. Our blog:

  • Our 200 economists have updated our monthly forecasts. Our analysis suggests that the global economy remains set for its best 2-yr run of growth since 2010-11, despite the equity market upset and US protectionist moves. Download our free executive summary:

  • Re #Steel & #Aluminum #tariffs, US Trade Rep confirmed that Canada, Mexico, EU, Brazil, Australia, Argentina, South Korea are all exempt. Impact of tariff now only 30% of original announcement! Our conclusion: watch what Washington does, not what it says:

  • RT @GregDaco: US durable goods #orders post strong 3.1% rebound in Feb. Shipments solid +0.9%. More importantly, core orders +1.8% & core #…

  • RT @GregDaco: #Steel & Aluminum #tarriffs update. US Trade Rep Lighthizer confirms during Senate Finance Committee testimony that these cou…

  • RT @WTTC: Outlook for next year: Direct Travel & Tourism GDP is expected to grow by 4.0% in 2018…

  • Our latest research for @WTTC, out today ...