The Conference Board Economics Watch® United States View

  • Publication Date:
    August 2012
  • Report Number:
    EWUV_V2N8

U.S. economy treading water amid a sea of disappointing global activity

•  Economic activity wanes across the globe, with risks tilted downward

•  Europe remains mired in intensifying debt crisis; economic recession deepens

•  U.S. economy remains weighed down by lackluster consumer demand, reticence of businesses to spend and hire, and high inventory levels

•  Slowdown in China, and even the unlikely hard landing scenario, should impact U.S. corporate earnings more than the overall economy

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