U.S. Outlook: Spring 2012

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 2.5 per cent this year and 3 per cent in 2013.
• Growth will be led by solid gains in investment spending and exports.
• The strength of the economic recovery in 2013 will hinge on key political decisions concerning tax cuts and spending.