U.S. Outlook: Summer 2013

The Conference Board of Canada, 9 pages, July 9, 2013
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This quarterly report focuses on the latest economic developments in the U.S. economy, tracking trends in labour, consumer, energy and housing markets, and examining industries and regions. Monetary and fiscal policy assumptions are also included.

Document Highlights

  • The U.S. economy will expand by 2 per cent this year and 3.2 per cent in 2014.
  • Growth will pick up steam toward the end of this year as the impact of fiscal restraint fades.
  • While fiscal deficits are diminishing, a comprehensive plan to control spending over the long term is essential.

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