The Conference Board Economics Watch® United States View

  • Authors:
    Kathy Bostjancic
  • Publication Date:
    December 2011
  • Report Number:
    EWUV_V1N12

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U.S. steps up while Europe slips

  • Recent U.S. economic measures perform above expectations
  • Steady 2.5%+ economic growth in U.S. is unlikely
  • More likely, U.S. growth remains volatile and sluggish until at least the middle of next year
  • A deep recession in Europe would create significant additional risk for the United States through trade, investment, and financial channels
  • A European sovereign or bank default provokes a worst-case scenario

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