In this issue of the NC State Economist, Hugh C. Kiger Distinguished Professor Jeffrey Dorfman recaps the economy in 2024 and predicts economic trends for the upcoming year.
Key Highlights:
- Expecting steady growth in 2025
- Recession possible due to potential major government disruption or geopolitical risks
- Animal agriculture looking up, but most crops face declining prices
- Top risks are geopolitical disruptions, major government reform difficulties and international trade disputes
- Categories: