As predicted, global financial markets are beginning to see slowed growth in 2008 following several years of robust activity. Triggered in part by U.S. subprime housing woes and a weakening dollar, global GDP growth eased to 3.6 percent in 2007 from 3.9 percent in the preceding year. Advanced economies will likely see further slowing demand in 2008, although the decline is expected to be counterbalanced by continuing expansion in emerging markets such as China, India, Russia and the Persian Gulf.
Deloitte member firm professionals are attuned to these changes and can help guide companies through the economic challenges in the year ahead. Contact us to learn more and the read related research and reports on this page.
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