U.S. Avoids Fiscal Cliff but Familiar Challenges Remain
With the noteworthy exception of the nation’s still expanding national debt, 2012 will be viewed by economic historians as predominantly a year of progress. Financial markets performed, the number of jobs expanded, unemployment fell, auto sales surged, housing prices stabilized and consumers were active. According to the most recently revised estimate supplied by the Bureau of Economic Analysis, national gross domestic product expan...
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Tags: 1st Mariner Bank, First Mariner Bank, Sage Policy Group, Maryland Economy, Maryland Economic Outlook, Fiscal Cliff, Unemployment, Housing Market, Consumer Spending, Gross Domestic Product. GDP, National Debt, 2012 Economic Summary, Debt Ceiling
Economic Outlook