The Conference Board Economics Watch® United States View
  • Authors:

    Kathy Bostjancic

  • Publication Date:
    August 2013
  • Report Number:
    EWUV_V3N7

U.S. economy to strengthen as fiscal drag lessens 

•   Despite weak 1H growth, economic growth to speed up in 2H 2013

•   Fiscal drag should lessen going forward and private sector activity firm

•   Continued strengthening in the housing and labor markets to lead the way

•   GDP growth was revised up in 2012, boosting productivity growth in 2012

•   However, recent slowdown in productivity growth must reverse in order to support expected economic acceleration

•    Dysfunction government still poses a downside risk to economic outlook

Pricing
Economics Watch Reports (8 pgs)
Members: Sign in to see if this product is complimentary with your membership.
Non-members: Not available
(Email us to learn more about membership
))