Seeking Alpha

The OECD cuts its prediction for global growth to 2.9% this year from a previous forecast of...

The OECD cuts its prediction for global growth to 2.9% this year from a previous forecast of 3.4%. In its twice-yearly report, the organization says growth in 2013 will be 3.4% rather than 4.2%. The OECD also cuts its estimates for the U.S. and says the eurozone will shrink in 2012 and 2013 before recovering in 2014. (PR)
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)