Us Gdp 2024 Forecast Usda. Worldwide gdp is forecast to expand 2.7% next year on an annual average basis, just above the consensus forecast of economists surveyed by bloomberg and matching the. For 2024, usda anticipates a decrease in net farm income, moving from $155 billion in 2023 to $116 billion in 2024, a decrease of 25.5%.

This report discusses usda’s quarterly forecasts for u.s. Agriculture secretary tom vilsack issued the following statement: