Every One of the World’s Big Economies Is Now Growing<br />Economic growth in 2017<br />Year-over-year change<br />in gross domestic product<br />Year-over-year change in gross domestic product<br />The United States, the world’s largest economy, is into its ninth year of growth, with the International Monetary<br />Fund lifting expectations for expansion to 2.7 percent this year from 2.3 percent because of the tax cuts.<br />That’s something that concerns us.”<br />The world economy is expected to grow by 3.9 percent this year and next, up from 3.7 last year, and 3.2 percent in 2016, according to the I. M.F.<br />“If something bad happens in one economy, the fact that global growth is spread gives you more assurance that this is more sustainable.”<br />For the first time since the financial crisis a decade ago, all of the world’s major economies are growing.<br />Rising oil prices have lifted Russia and Middle East producers, while Mexico has so far transcended fears<br />that menacing trade rhetoric from the Trump administration would dent its economy.<br />Some 79 percent fretted about heightened likelihood of military conflict and 73 percent saw rising risks of an erosion of world trading rules.
