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Economic Development for 2016 and 2017

dreamstimefree_111669A cloudier forecast: The Organization for Economic Cooperation and Development has adjusted its estimates for global and U.S. economic development in 2016 and 2017, and those adjustments were in a downward direction. “Citing the plunge in commodity prices and weak business investment, the OECD cut its estimates for global growth to 3% this year and 3.3% in 2017, down 0.3 percentage points in both years from its November forecast.” What is the OECD now projecting for the U.S. specifically, and what actions are they recommending advanced economies take to spur growth? CLICK HERE to read more.