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The Conference Board Economics Watch® United States View

Healthy enough to come off QE life support?

  • Sequester spending cuts should slow the economy for remainder of 2013
  • However, increasing signs of upside potential to our cautious base case
  • Despite headwinds, U.S. economy is the bright star in the global landscape
  • Fed’s tapering of quantitative easing hurts developing economies most
  • Consumers are once again borrowing, but cautiously and selectively

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