U.S. Outlook Economic Forecast: Summer 2016
The Conference Board of Canada, 22 pages
July 13, 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 Brexit crisis will have a minimal impact on the U.S. economy over the near term, but the medium- and longer-term implications are more difficult to assess.
- The U.S. economy will expand by 1.9 per cent this year and 2.5 per cent in 2017.
- The fiscal deficit will rise over the medium term due to the higher government expenditures required to deal with the aging of the population.
Table of Contents
U.S. Economy Will Survive Brexit
- Aggregate Demand
- Financial and Currency Markets
- Fiscal Policy
- Labour Markets
- Regional Outlook