U.S. Outlook: Autumn 2013
The Conference Board of Canada, 14 pages
October 18, 2013
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.
- The U.S. economy will expand by 1.6 per cent this year before rebounding and growing by 3.2 per cent in 2014.
- Growth in 2014 will be led by housing and investment spending.
- The fiscal deficit will continue to decline over the near term.