Recently Released Market Study: United States Food & Drink Report Q3 2012
Our overarching view on the US economy is that the recovery will remain slow and erratic, with both fears of recession and hopes of a boom both likely to be dashed. We are forecasting real private consumption growth of 2.1% in 2012 and 2.4% in 2013, from 2.2% in 2011. Private consumption has been responsible for most of real GDP growth since the middle of 2011 (two-thirds of growth in Q311, and one-half in Q411), but we expect the consumer's...
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