The Outlook for the US Economy (2012-01-04)
While much of the world’s attention has focused on the ongoing debt crisis in Europe, the world’s largest economy, the United States, is set to record steady, if unspectacular, growth in 2012. While the US will outperform most other developed economies in 2012, it will not grow at a fast enough pace to significantly reduce the US’ high rate of unemployment. Moreover, a number of risks, both internal and external, could hinder the US’ economic g...full article |
