The Conference Board Economics Watch® United States View
- Authors:
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Publication Date:
September 2012 -
Report Number:
EWUV_V2N09
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