The Conference Board Economics Watch® United States View
-
Authors:
Kenneth Goldstein -
Publication Date:
March 2011 -
Report Number:
EWUV_V1N3
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- Structural adjustment begins to weigh less on both consumers and businesses
- The economy finally develops forward momentum aided by the reduced withholding tax in January
- Strong headwinds remain
- Consumer confidence may improve but from a very low level
- Food and oil prices are on the rise
- State and local austerity programs not only weigh on local economies but create a drag on the U.S. economy as a whole