The Conference Board Economics Watch® United States View
-
Authors:
Kathy Bostjancic -
Publication Date:
February 2011 -
Report Number:
EWUV_V1N2
- Momentum for short-term activity has broadly improved and the mix of economic growth drivers is better in 2011
- The labor market remains unable to match the recovery momentum of the broader economy and is the main headwind restraining the economy
- The recent slide in home prices suggests the housing market may be in the midst of a double dip, another headwind for the U.S. economy
- Special topic: As the official retirement age increases and workers delay individual retirement decisions, the average age of the workforce is rising
- Firms need to prepare for differential effects from delayed retirement across regions, industries, and occupations