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.
U.S. Outlook Autumn 2006
U.S. Outlook Autumn 2006
Global Economic Analysis
$875.00
- U.S. real GDP is forecast to grow by 3.5 per cent in 2006 and only 2.2 per cent in 2007.
- Growth in real GDP will weaken in 2007 because of the downturn in housing markets.
- Strong growth in investment spending and exports will enable the economy to avoid a recession next year.
- Slower U.S. economic growth will help lower world oil prices over the near term.
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