
Economic Outlook
Economic outlook refers to the forecast of a country’s financial health and economic performance over time, typically assessed through indicators like GDP growth, unemployment rates, inflation, and consumer confidence. It helps governments, businesses, and individuals make informed decisions. A positive outlook suggests growth and stability, indicating rising jobs and spending, while a negative outlook indicates potential challenges like recession, higher unemployment, or inflation. Analysts use various data and trends to provide insights, enabling stakeholders to prepare for future economic conditions and adjust their strategies accordingly.