This quarterly report focuses on the latest economic developments in the U.S. economy, tracking trends in labour, consumer, energy and housing markets, and examining industries and regions. Monetary and fiscal policy assumptions are also included.
U.S. Outlook Summer 2009
U.S. Outlook Summer 2009
Global Economic Analysis
$995.00
- The U.S. economy will rebound in the second half of this year but expand by only a tepid 1.8 per cent in 2010.
- Consumer spending will be restrained by higher savings, losses in wealth, and weak labour markets.
- A sharp decline in import demand and lower oil prices will help to reduce the current account deficit over the near term.
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