Economy

Proserpina

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16. Economic Growth in U.S. Cracking Under Strain of Global Slowdown

Fri Jan 15, 2016, 09:55 PM

Jan 2016

http://www.bloomberg.com/news/articles/2016-01-15/economic-growth-in-u-s-cracking-under-strain-of-global-slowdown

The U.S. may not be immune from the global slowdown after all.

Figures on retail sales and manufacturing Friday showed the world’s largest economy ended the year on a weak note, and the start of 2016 wasn’t any better. The one saving grace was a pickup in consumer confidence, but that was mainly because households believed inflation will be low, making subdued wage gains look good by comparison...

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