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The Conference Board Economics Watch® United States View

Are tail winds larger than head winds?

  • Our base case continues to expect sequester cuts to slow the economy
  • But, latest economic data suggest upside potential to our forecast
  • Robust rebound in housing prices and ongoing rise in equity prices is lifting consumers’ net wealth and consumer confidence levels
  • Markets are uncertain about the future pace of the Fed’s QE
  • We unveil a framework to confront long-term fiscal issues  


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