Recent economic and leading indicators ease concerns of a renewed US recession
Recent economic and leading indicators ease concerns of a renewed US recession
Global & Regional Focus Notes
06 Οκτωβρίου 2011
• Consumer sentiment seems to have stabilized -albeit at low levels- and manufacturing surveys have improved, pointing to subdued but steady growth in industrial production ahead.
• The temporary drag from elevated energy prices and supply chain disruptions is gradually fading, leading to a rebound in H2 2011. Key for the momentum of the US economy will be developments in the US labor market.
• We continue to expect below-trend growth through next year, averaging at around 2.0% from 1.6% in 2011.
Δείτε επίσης
