Monday, January 23, 2012

Al Jazeera English: The straits of America

Nouriel Roubini 
Nouriel Roubini , professor of economics at NYU

"New York- Macroeconomic indicators for the United States have been better than expected for the past few months. Job creation has picked up. Indicators for manufacturing and services have improved moderately. Even the housing industry has shown some signs of life. And consumption growth has been relatively resilient.

But, despite the favourable data, US economic growth will remain weak and below trend throughout 2012. Why is all the recent economic good news not to be believed?"

see the complete article: The straits of America - Opinion - Al Jazeera English

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