The Conference Board Economics Watch® United States View
-
Authors:
Kathy Bostjancic -
Publication Date:
October 2012 -
Report Number:
EWUV_V2N9
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U.S. economy poised for partial fall off the fiscal cliff
- U.S. to partially fall of fiscal cliff depressing growth in early 2013
- The economy should bounce back moderately in 2H of 2013
- Reviving housing market and improving consumer balance sheets support the economy
- However, the housing market is a much smaller portion of the economy