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Global Economic Outlook
Global growth is set to hold steady despite the oil‑price spike driven by the Iran conflict. Strong AI investment and fiscal support are cushioning shocks, while eurozone momentum is improving as Germany recovers. US consumption and China’s economy are expected to cool next year, and Fitch has nudged up its global growth forecasts, though energy‑price risks persist.
Improved U.S. Airport Medians Support Numerous Rating Upgrades
The U.S. airport sector has remained resilient through economic and airline industry challenges; this is reflected in strong median financial metrics for general airport revenue bonds (GARB), which have outperformed pre-pandemic fiscal 2019 levels.
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