Underlying strengthening in U.S. economy will be delayed if fiscal drags become large.
The Conference Board Economics Watch® United States View (December 2012)
The Conference Board Economics Watch® United States View (December 2012)
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- Threat of the fiscal cliff represents the single largest downside risk
- But we expect a fiscal slope and only moderate fiscal tightening
- Moderate fiscal tightening weighs on first half 2013 growth
- But economy poised to accelerate in second half of 2013
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