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 Winter 2006
U.S. Outlook Winter 2006
Global Economic Analysis
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- The U.S. economy will expand by 3.5 per cent this year, almost identical to the growth attained in 2005.
- While growth in consumer spending will decline in 2006, export and business investment spending will pick up the slack.
- The current account deficit will continue to deteriorate this year in part because of high imported energy costs.
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