StraightTalk is a monthly publication from the Chief Economist of The Conference Board. It provides economic research, objective analysis, and forecasts to help new economy business executives assess economic conditions impacting their markets.
StraightTalk: March 2009
StraightTalk: March 2009
Global Economic Analysis
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There will be large discrepancies in the global economy in 2009, with advanced economies experiencing a strong contraction in output and the emerging economies pulling the world economy along to a growth rate that could still be 1.3 percent for the year as a whole. If the United States experiences too rapid a recovery, there may be a risk of another recession in 2010. Moreover, while the risk of deflation remains high, expectations for a return to inflation are rising, adding to uncertainty about the pattern and path of economic recovery.
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