![]() ![]() The US will register a -0.7% fall in GDP, mainly due to rapidly tightening monetary and financial conditions, which will significantly cool the housing market, coupled with a negative external environment and low fiscal support after the mid-term elections.But it will not fully offset the shock on real disposable incomes and corporate margins. Increased fiscal support to the tune of 2.5% of GDP on average and limited monetary easing after mid-2023 will help make the recession shorter and shallower, and limit the risks of social unrest. Eurozone growth is likely to plunge to -0.8% in 2023 due to soaring energy prices and negative confidence effects.Consumer sentiment has already plunged to record lows and business confidence continues to deteriorate rapidly, which will hold back consumption and investment. We expect global growth to slip into negative territory in Q4 (-0.1% q/q), followed by a slow recovery at +1.5% in 2023. The trifecta of lower growth, higher inflation and higher rates will hit even harder. As Russian gas supply is coming to a halt, the fight against inflation is raging and political uncertainties coalesce, our previous adverse scenario has become reality.Grab hot cocoa and s’mores kits and enjoy the holiday atmosphere at the s’more pits.Įnjoy a sparkling model of Earth and a prism tree, and snap a stellar selfie in our Earth photo station and our new snow globe photo station. ![]() Watch snowflakes falling on our massive projection wall and the occasional flurry from Walk underneath a 30-foot Space Launch System (SLS) rocket. Go inside the historic shuttle carrier aircraft NASA 905 and the high-fidelity shuttle replica Independence and see the Saturn V rocket lights from the second landing of the tower on your way down. ![]() Hop onto our interactive light pods, supported by H.E.B., made of 290 multicolor platforms under the wing of our historic shuttle carrier aircraft. Just before entering Independence Plaza, don’t miss the up-lit, laser-etched acrylic silhouette sculptures depicting different constellations. On your way to the Independence Plaza Experience, presented by MLN, take a stroll through a 200-foot LED light tunnel made of more than 250,000 lights synchronized to festive holiday music.Įxplore our solar system through massive models of each planet along the path. ![]()
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