United States Food & Drink Report Q2 2014 - New Market Report
The US economy picked up steam in the second half of last year, in line with our view that the economic recovery would find firm footing in 2013 and accelerate into 2014. The broad trends supporting stronger real personal consumption expenditure (PCE) growth remain in place, and as such we expect real PCE growth to continue to accelerate in 2014. Consumer deleveraging is also continuing, meaning that a future upswing in credit will also accelerate private consumption. All these will...
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