The U.S. Economy…A Challenging Recovery...Sidestepping into the End of the Year

Copyright © 2013 Journal of Business Forecasting | All Rights Reserved | Fall 2013 39 The Economic Consensus Outlook for Fall 2013 has a little bit of everything in it. There are indeed some positive notes with respect to the nation’s economy, but there exist several significant negative factors as well. Rajeev Dhawan, Director of the Economic Forecasting Center at Georgia State University’s Robinson College of Business, in his Forecast of the Nation, paints a tentative picture of economic activity. On the positive side, he cites recent job growth, almost bullish auto sales, and reasonably strong housing data. But, on the negative side is poor income growth, an overabundance of consumer caution, and ongoing political uncertainty linked to the federal The U.S. Economy… A Challenging Recovery… Sidestepping into the End of the Year By Jack Malehorn The information in this forecast is gathered by the Journal from sources it considers reliable. Neither the Journal nor the individual institutions providing the data guarantee accuracy; nor do any of them warrant in any way that use of the data appearing herein will enhance the business or investment performance of companies ...