U.S. Outlook: Winter 2016
The Conference Board of Canada, 11 pages
March 11, 2016
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 2.8 per cent this year on the heels of a 2.5 per cent gain in 2015.
- Growth will be led by household spending, which will benefit from rising wages.
- Rock-bottom oil prices are restraining business investment spending.