Natural gas prices will likely remain high for a long time, but the outlook for the economy is bright.
The International Monetary Fund said Tuesday that the United States is on track to have a surplus in the fiscal year that begins July 1, a boost that would put the country on track for another balanced budget in 2024.
That would be a milestone that would likely bring the economy back from the depths of the Great Recession, but it would be only a partial recovery.
The fund forecast the economy would be stronger than it was before the recession.
That is not the case.
According to the fund, the United State will be $7 trillion in the red in 2021, or roughly 6 percent of gross domestic product.
But it said that will be offset by a 7.2 percent boost in 2018.
The boost is due to a number of factors, including lower oil prices, the stabilization of the global economy and the gradual return to growth.
Still, the fund forecast that the economy will continue to shrink at a faster rate than it did in 2020.
The growth in the economy could slow by about 2 percent, the Fund said.
“The slowdown is likely to be larger than anticipated, and we are expecting a sharper downturn than anticipated in 2021,” the fund said.
In 2018, the Fed lowered its economic forecast for the year by about $1 trillion, the first time the central bank has done so in nearly four years.
In 2019, the economy grew by 2.7 percent.
But by 2021, the Federal Reserve expects the economy to shrink by 2 percent.
“We continue to expect that the growth rate in 2020 will be significantly below the 2.5 percent expected in 2021.
This suggests that the slowdown in 2021 may be larger,” the Fed said in its first annual report to Congress.
But that still leaves the economy in a weaker position than it would have been had the economy not slowed down.
The Fund said it expected the economy “to be about half its size” in 2021 and that the recovery will be much more gradual.
That will require more spending, which the Fed is likely already doing.
In addition, the U.S. has seen a decline in the number of jobless claims.
That may also help offset the impact of a weaker economy, but unemployment is still much higher in the United Kingdom than it is in the U, the IMF said.
The IMF said that in the longer term, there is a high probability that the unemployment rate will decline.
But there is also a high risk that the number will continue rising.
“It will not be possible to eliminate the current unemployment rate in its current form without substantial additional investment, further tightening of the labor market and more significant and sustained changes in employment, wage growth and other measures of labor market slack,” the IMF report said.
There are a number factors that could lead to lower growth in 2021 than in 2020, but one of the biggest could be the global recession.
The U.K. is not part of the U