Us Gdp 2024 Forecast. Adjusted to exclude the effects of shifts in the timing of certain payments, the deficit amounts to $2.0 trillion in 2024 and grows to $2.8 trillion by 2034. In cbo’s projections, strong gdp growth continues through 2024 but at a slower pace (see figure 1).
Adjusted to exclude the effects of shifts in the timing of certain payments, the deficit amounts to $2.0 trillion in 2024 and grows to $2.8 trillion by 2034. Economic growth slows in 2024 as unemployment increases, partly as a result of tight monetary policy.