TITLE

United States

AUTHOR(S)
Newport, Patrick
PUB. DATE
April 2011
SOURCE
United States Country Monitor;Apr2011, p2
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article provides an overview of the economic condition in the U.S. in relation to its domestic assumptions, inflation and economic policy from 2008-2014. IHS Global Insight Inc., world largest economics organization, assumes that nondefense real federal government spending on goods and services rises 1.2% in 2011 but then declines 1.6% in 2012 as the budget cuts bite. It also notes that labor cost pressures on prices will remain modest with a jobless rate above 7% well into 2014.
ACCESSION #
67473488

 

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