n Personal Finance Newsletter - Gradual global renewal : economic outlook
|Article Title||Gradual global renewal : economic outlook|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Personal Finance Newsletter|
|Publication Date||Sep 2013|
|Pages||1 - 3|
The current global economy reminds one of a futuristic building site where many "Big Things" slowly take shape together. US housing revival and the US manufacturing renewal on the back of a new energy fracking revolution are the anchor tenants in a technology-led advance that is reshaping supply, real incomes and demand, slowly reabsorbing slack resources idled by the Great Recession. US growth is set for 2% this year, 3% next year.
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