Sunday, January 8, 2012

Calculated Risk on US Growth for 2012


I took the boring middle ground in 2010 and 2011: sluggish and choppy growth, but no new recession. And once again - for 2012 - I'll take sluggish growth with no recession. There are still plenty of scars from the financial crisis (excessive debt, high unemployment, excess capacity, excess supply of housing, a large number of homeowners with negative equity, and high foreclosure activity), but the economy appears to be slowly healing.
Read it at Calculated Risk
Question #4 for 2012: U.S. Economic Growth

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