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2024 Side Hustle Forecast: Thriving in the Year Ahead
As we enter into a new year — 2024 — let’s take a look at what it could bring us in terms of our side hustles and financial success & security. And let’s explore how we can use this forecast to thrive in the upcoming year.
Here’s some exciting news from The Real Economy Blog about the U.S. economy for 2024: things are looking pretty good. According to the experts, we’re in for some continued financial growth next year. The blog mentions that government policies in finance and spending are set to boost productivity and growth. Plus, they’re expecting inflation to cool down to a more comfortable 2.5% to 3%.
And here’s something interesting: they’re forecasting four cuts in the federal funds rate starting in June, which might bring it down to between 4.25% and 4.5% by the end of the year. There’s even a possibility it could go lower. This could be great news for your side hustle, so stay tuned!
Another thing to pay attention to in 2024 is the evolving nature of work and labor markets. As more markets introduce automated technology and other new technologies into the landscape, entrepreneurs must pay attention to how this type of change can be used as an advantage to their hustles.
It’s essential to understand how you, as an entrepreneur, can fit and flourish within these dynamic…
