Charting the Global Economy: U.S. Growth Forecasts Upgraded

Economists are ratcheting up their projections for U.S. growth this year as Congress moves closer to another large financial support package, while the recovery in much of Europe is expected to be more moderate.

Japan’s economy, meanwhile, is projected to have registered double-digit growth as 2020 drew to a close, fueled in part by export demand. While emergency guidelines point to a setback in the current quarter, a stronger fourth-quarter result suggests the nation will be better positioned soon after.