Springtime outlook

Thredgold, Jeff
March 2009
Enterprise/Salt Lake City;3/23/2009, Vol. 38 Issue 39, p9
The article offers an outlook of the global economy as of March 23, 2009. Economic recovery plans of the U.S. include home price stabilization strategies and stimulus package. It is stated that the U.S. economy is nearing its 16th month in recession which officially began in December 2007. Budget deficits of the U.S. is expected to exceed $2 trillion in financial year 2009 due to the spending initiatives of the administration, says the author. Japan recorded economic slump at 12 percent annual rate in the final quarter of 2008.


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