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EDC Sees U.S. Private Sector Growth Signalling Sustainable Recovery
Export Development Canada Jul 13, 2012
Export Development Canada (EDC) today commented on the underlying strength of a developing U.S. economic recovery, set to lead the world into the next growth phase by the end of 2012.
“There has been real, sustainable growth happening in the U.S. private sector since the start of the year, somewhere in the 4 to 5 per cent range, but that story is masked by the headline numbers driven down by government cutbacks,” said Peter Hall, Chief Economist of EDC.
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