The Conference Board Economics Watch® United States View

  • Publication Date:
    July 2012
  • Report Number:
    EWUV_V2N7

Economic activity ebbing in mature and emerging economies

 

• Slowing emerging economies cannot come to the rescue of mature economies

• U.S. LEI and CEI indicate steady, but very slow economic growth to continue

• U.S. employment gains remain disappointing and restrain consumer spending

• Slowing profit growth and lackluster demand restrains hiring and investment

• Future growth depends on whether U.S. businesses escape the “commodity trap”

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