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Global Economic Outlook 2015—North America

Global Economic Outlook 2015—North America

A Short-term Pulse of Growth Opportunities

RELEASE DATE
17-Mar-2015
REGION
North America
Research Code: 9A6F-00-0A-00-00
SKU: CI0096-NA-DE_18229
$1,500.00
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CI0096-NA-DE_18229
$1,500.00
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Description

North America is expected to remain fairly stable in 2015 due to improved domestic demand and business confidence. The US economy is expected to grow by 3.1% in 2015, up from 2.4% in 2014, driven by rising incomes, long-standing repressed demand, a strengthening housing sector, and lower oil prices. For Canada, the outlook has been scaled back to 1.9% in 2015 due to falling oil prices leading to lower corporate profits and weaker income growth. The key driver will be international trade, as exports will continue to receive a boost from a weak Canadian dollar and an accelerating US economy.

Table of Contents

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North America is expected to remain fairly stable in 2015 due to improved domestic demand and business confidence. The US economy is expected to grow by 3.1% in 2015, up from 2.4% in 2014, driven by rising incomes, long-standing repressed demand, a strengthening housing sector, and lower oil prices. For Canada, the outlook has been scaled back to 1.9% in 2015 due to falling oil prices leading to lower corporate profits and weaker income growth. The key driver will be international trade, as exports will continue to receive a boost from a weak Canadian dollar and an accelerating US economy.
More Information
No Index No
Podcast No
Author Sanghamitra Chatterjee
WIP Number 9A6F-00-0A-00-00
Is Prebook No