Economic growth poised to reaccelerate
- Despite recent weaker data, U.S. economy is poised to pick up
- Underlying domestic fundamentals are on firmer ground
- CEO Confidence confirms optimism about growth prospects
- Downside risks from slower emerging market growth and European debt crisis
- While global economic growth is moderating, second half of 2012 may look better than first half
- U.S. competitiveness in manufacturing, remains strong relative to other advanced economies