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.
Document Highlights
The U.S. economy will expand by 2.6 per cent this year and 3 per cent in 2016.
Investment spending has been hurt by the plunge in world oil prices.
The fiscal deficit is set to increase over the medium term due to the rising health care needs of an aging population.
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