The Conference Board Economics Watch® United States View
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Publication Date:
August 23, 2012
• 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 economyU.S. economy treading water amid a sea of disappointing global activity
