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 2008
U.S. Outlook Autumn 2008
Global Economic Analysis
$975.00
- The deficit is set to soar as the Treasury prepares to spend upward of $700 billion to calm jittery global financial markets.
- The economy has been shedding jobs since the beginning of this year—over 500,000 job losses so far—and there are few signs that this trend will end any time soon.
- The federal plan to buy toxic mortgage debt should eventually help stabilize the housing market and improve credit conditions in the economy, especially over the medium term.
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