According to the projections for global economic growth released by the International Monetary Fund (IMF) in April 2014 in its World Economic Outlook, global growth is projected to strengthen to 3.6 percent in 2014 and then to 3.9 percent in 2015, rising at a moderate pace to reach a rate exceeding its long-term average.
Looking at respective major countries and regions, in the United States, real GDP for the January-March quarter of 2014 decreased from the previous quarter, mainly due to the effects of the unusually severe winter weather, but has returned to a moderate recovery trend.