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 2011
U.S. Outlook: Summer 2011
$1,050.00
- The U.S. economy will expand by 2.6 per cent this year and 3.6 per cent in 2012.
- Weaker growth in recent months has been due to higher gasoline prices and the disruptions in global supply chains linked to Japan’s natural disaster in March.
- Fiscal deficits will remain above the trillion-dollar mark over the near term.
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