2024 Demand
2024 Demand. There are numerous reasons to expect consumer spending growth to slow next year from its firm pace in 2023: Diminished excess savings, plateauing wage gains,.
Raises 2024 demand growth forecast by 130,000 bpd to 1.1 mbpd. Demand forecasting, or demand planning, is a business process where you predict the customer demand for products based on existing trends and data.