The Conference Board Economics Watch® United States View
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Publication Date:
November 26, 2012
• U.S. economy will slow in the first half of 2013 as a partial fiscal cliff comes into view • Hurricane Sandy will cause a mild drag in Q4, which will be followed by a mild boost in 2013 • Business confidence has been hurt by fiscal cliff concerns and weak demand • The economy will rebound in the second half of 2013 as a result of a continued housing revival and increased strength in business investment and the labor marketEconomic growth poised to rebound in the second half of 2013
