Economics
Global Growth Is Peaking—But Not Petering Out
- World growth peaking, not petering out, economists say
- Risks to growth though shifting to downside from upside
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The rare synchronized upswing of the global economy is looking down but not out.
What’s happening, economists say, is that the broadest period of world growth since 2010 is peaking at an elevated level, not petering out. And the driver of the expansion is shifting to a fiscally juiced U.S. economy from a slowing Europe and Japan.