The Conference Board Economics Watch® United States View

  • Authors:
    Kathy Bostjancic
  • Publication Date:
    September 2012
  • Report Number:
    EWUV_V2N09

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U.S. economy fails to gain traction

 

• More quantitative easing will not dramatically boost the economy in the near term

• Real-economy variables are slowing, including business orders

• The approach of the “fiscal cliff” is already suppressing business hiring and spending

• Bright spots include housing and improving consumer balance sheets

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