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- Title
2012 Forecast: Recovery…Or Recession?
- Abstract
The article focuses on economic landscape of the U.S. in 2012. High unemployment remains a big problem in the country, where business are also sitting on the sidelines left paralyzed due to uncertain financial future. The Organization for Economic Cooperation and Development predicted that growth rate for the U.S. will be at only 2% for 2012 despite increased rate of industrial production, higher consumer confidence and great retail sales figures. A third round of stimulus is expected to be injected by the U.S. Federal Reserve in 2012 due to increased prospects of a slowdown during the year.
- Subjects
UNITED States; LANDSCAPING industry; UNEMPLOYMENT; FINANCIAL futures; ORGANISATION for Economic Co-operation &; Development; GROWTH rate; CONSUMER confidence
- Publication
Financial Executive, 2012, Vol 28, Issue 1, p21
- ISSN
0895-4186
- Publication type
Article