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United States Economic Outlook. Fourth Quarter 2017

Por

The current economic expansion has reached 100 months and if trends continue, by spring of next year, it will become the second longest in 160 years

Geografías:EEUU
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1.Editorial

Por

The current cycle will go as one of the most disappointing in modern history. Despite sustained expansion, between 2010 and 2017, growth in real GDP per capita averaged 1.4%, almost one percentage point lower than 1950-2007

Geografías:EEUU


2.Synchronized global growth

Por

Our new global growth forecast assumes acceleration to 3.4% in 2017-18, which implies an upward revision of around 0.2pp

Geografías:EEUU


3.U.S. on track for moderate growth

Por

Although the “Unified Tax” framework distributed by the White House and the passage of a budget resolution in Congress reinforces the GOP’s commitment to tax policy, the scant details within the document and lack of consensus are not enough to alter our outlook for moderate growth in 2017 or 2018

Geografías:EEUU


4.Hurricane Harvey and the oil and gas sector

Por

More than two months since Hurricane Harvey wreaked havoc in Texas and Louisiana, the oil and gas sector seems to have recovered almost entirely

Geografías:EEUU


5.Fiscal policy through the lens of business cycle timing

Por

The state of fiscal policy conduct since the change in administration in the White House has not delivered a different course from the past politics of partisanship

Geografías:EEUU


6.Housing market: is history repeating itself?

Por

Although the U.S. housing market has been in recovery mode since 2011, it has not reached full normalization

Geografías:EEUU



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