An Outlook for the U.S. and World Economy in 2004

Author
Allen Sinai
Date
2004-02-03
Views
3265
A,Ainai_General_Outlook__for_the_US_and_World_Economy_in_20041


An Outlook for the U.S. and World Economy in 2004

- Speaker: Allen Sinai, CEO and Chief Global Economist, Decision Economics, Inc.

- Date : February 3, 2004.

"The US is now the primary engine of the global economic upturn. For all of 2003, from fourth quarter to fourth quarter, the US economy rose 4.3%. That is almost Asian-like in its number... The Japanese economy pickup may be similar to that in Korea. It relies on exports and business spending. Exports were directly and indirectly helped by the US pickup and by very strong growth in China. Business spent on capital goods and technology. But in both Korea and Japan, consumer spending continues to big..."
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