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    Economy

    Global Economic Outlook: IMF April 2017

    Written by Peter Wright


    We include here an unabridged statement from the IMF that was released on Thursday this week which forecasts economic growth for all regions and nations through 2022. The IMF raised its forecast for economic growth in the US in 2017 from 2.2 percent in the October forecast to 2.307 percent and in 2018 from 2.08 percent to 2.519 percent. Our SMU data analysis follows with comments about the future of global and domestic steel demand through 2022. We believe that an understanding of global influences is essential if we are to have any idea what the future of the US steel market will look like.

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