WASHINGTON (Reuters) – The Congressional Budget Office revised its 2023 U.S. economic growth forecast substantially upward on Wednesday to 0.9% from a meager 0.1% forecast in February, citing a stronger-than-expected labor market in the first half of the year. The nonpartisan budget referee agency now projects a 2023 employment rate…Read More
CBO revises US 2023 growth forecast higher amid strong firsthalf labor market
