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“Unprecedented Levels … [of] Uncertainty” Prompts Downward Revisions to IMF Forecast

The International Monetary Fund (IMF) released its April 2025 World Economic Outlook (WEO): A Critical Juncture amid Policy Shifts, soon after the US announced its latest round of tariffs—to be implemented nearly universally. The US began instituting new tariffs in February, and, although some trading partners responded with countermeasures, market responses were not particularly notable. However, with the April 2 announcement, tariff rates rose to the highest levels in about a century—a negative growth shock. Major equity indices experienced historic drops followed by a partial recovery after April 9, when a pause and some adjustments were announced. The unpredictable nature of these tariffs has had a negative impact on economic activity, and uncertainty, especially regarding trade policy, has soared.

Life Science Applications Measured at $45bn

Artificial intelligence, energy challenges, climate change and new blockbuster drugs (e.g., GLP-1) are key drivers for the lab and process market. However, the uncertainty of policies of newly elected administrations favoring deglobalization and deregulation have the potential to cause disruption, both in the analytical instruments industry and macroeconomically. As a result, our outlook for 2025 is

2025 TDA Instrument Industry Outlook Report

Artificial intelligence, energy challenges, climate change and new blockbuster drugs (e.g., GLP-1) are key drivers for the lab and process market. However, the uncertainty of policies of newly elected administrations favoring deglobalization and deregulation have the potential to cause disruption, both in the analytical instruments industry and macroeconomically. As a result, our outlook for 2025 is

IMF Forecasts Stable, “Underwhelming” Growth in October World Economic Outlook

Since April of this year, the International Monetary Fund (IMF) has projected a consistent picture of the global economy, forecasting GDP growth of 3.2% in 2024 and 2025. However, in its October 2024 World Economic Outlook (WEO): Policy Pivot, Rising Threats, the IMF reports revisions to the outlook for a number of economies as well as changes in policy the institution deems necessary for “a smooth landing” and to increase growth potential. 

IMF Projects Converging Growth in July’s World Economic Outlook Update

In its July 2024 World Economic Outlook (WEO) Update: The Global Economy in a Sticky Spot, the International Monetary Fund (IMF) has stuck with its global growth estimates as forecast in April’s WEO: Steady but Slow: Resilience Amid Divergence, with GDP predicted to gain 3.2% in 2024 and 3.3% in 2025. Activity varied across economies at the beginning of 2024, with many countries experiencing higher growth than had been expected, owing in part to increased world trade, attributable to strong technology exports from Asia. Domestic consumption ramped up in China, and the services sector improved in Europe. In contrast, curbed consumption and negative net trade slowed US growth, which had been outperforming expectations. In Japan, a New Year’s Day earthquake caused a short period of supply disruption and the shutdown of automobile production.