Fixing current economic conditions will not be quick and easy, according to The Conference Board’s latest economic forecast. Negative growth rates for the U.S. economy will continue through the fourth quarter and result in further contraction for the first half of 2009.
If government and business leaders can calmly -and privately -focus squarely on a way out of all this, looking to prevent tomorrow’s fires even as they fight today’s, we can still avoid worse,”says Bart van Ark, vice president and chief economist of The Conference Board. “This means finding a crucial balance between the short-run steps needed to get the economy back on its feet and the long-run needed to foster a new phase of global growth.”
European and Asian markets are also beginning to see the …
Conference Board Forecasts Negative Growth Through End of Year
Fixing current economic conditions will not be quick and easy, according to The Conference Board’s latest economic forecast. Negative growth rates for the U.S. economy will continue through the fourth quarter and result in further contraction for the first half of 2009.
If government and business leaders can calmly -and privately -focus squarely on a way out of all this, looking to prevent tomorrow’s fires even as they fight today’s, we can still avoid worse,”says Bart van Ark, vice president and chief economist of The Conference Board. “This means finding a crucial balance between the short-run steps needed to get the economy back on its feet and the long-run needed to foster a new phase of global growth.”
European and Asian markets are also beginning to see the …
Share this article
- Filed In: Economic Trends, Free, Research & Analytics, Subscriber Only
Log In
Read the latest articles and see your reports.
Popular Now
MDM Directories
Sign Up for the MDM Update Newsletter
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.
