The U.S. economy is expected to grow at a moderate pace though the financial flare-up in Europe and fiscal issues at home present “ongoing downside risks,” according to the Economic Advisory Committee of the American Bankers Association.
The committee anticipates inflation-adjusted GDP to expand by 2.2% this year, compared to 1.6% in 2011, it announced today.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access