U.S. Outlook Autumn 2007

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U.S. Outlook Autumn 2007

Global Economic Analysis

Author: Christopher Beckman

$875.00

  • Slower growth in consumer spending will lead to weaker GDP growth of 2.3 per cent in 2008.
  • The economy will avoid slipping into recession thanks to strength in international trade and investment spending.
  • The U.S. dollar will continue to depreciate due to concerns about sub-prime mortgage debt and the high current account deficit.
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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.

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