Economic Update: U.S. Economy Picking Up The Pace

SP Capital IQ  |

Standard & Poor’s expects the U.S. economy’s underlying momentum in the second half of 2013 to carry over into 2014. Jobs market and balance sheets will continue to strengthen through the year, bolstering domestic demand. Moreover, housing and manufacturing will pick up again in the spring, after losing steam at the end of 2013. In this segment, U.S. Economist Satyam Panday breaks down the fourth quarter 2013 GDP growth and explains what lies ahead.

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