TITLE

Shoulder to the Wheel

AUTHOR(S)
Villere, Pierre
PUB. DATE
November 2012
SOURCE
Concrete Producer;Nov/Dec2012, Vol. 30 Issue 7, p18
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses concerns over the falling off of Fiscal Cliff which can drive back U.S. economy into recession and the jobless rate jump 9.1% by end of 2013. It predicts that economic output will decline by 0.5% in 2013 if Congress does not avert the tax increases and spending cuts. It indicates that with a deal, the U.S. gross domestic product (GDP) will increase 0.4% and employment 400,000 by the 4th quarter of 2013 if lawmakers avoid 55 billion U.S. dollars in defense spending cuts.
ACCESSION #
83915199

 

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