The Conference Board Economics Watch® United States View (September 2012)

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The Conference Board Economics Watch® United States View (September 2012)

Global Economic Analysis

Author: Conference Board Inc., Kathy Bostjancic

$175.00

U.S. economy fails to gain traction

  •  More quantitative easing will not dramatically boost the economy in the near term
  •  Real-economy variables are slowing, including business orders
  •  The approach of the “fiscal cliff” is already suppressing business hiring and spending
  •  Bright spots include housing and improving consumer balance sheets
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The ongoing weakness in the U.S. economy has prompted the Federal Reserve to unleash its third round of quantitative easing. However, more quantitative easing is not the pancea that will quickly boost the economy.

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