What's Next For The US Economy?

What’s Next For The US Economy?

Great presentation from Bloomberg Brief Economics featuring their outlook for the rest of 2012.

Highlights from author Joseph Brusuelas include:

  • growth to slow to 1.5 percent in the fourth quarter
  • risk that unemployment could tick up to 8 percent again by the end of the year
  • the Fiscal Cliff has increased the risk of a recession
  • there is a noticeable pullback in capital expenditures
  • overall housing recovery is still years away

Link for RSS readers: http://www.bloombergbriefs.com/2012/10/10/u-s-q4’12-economic-overview/

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