United States economic outlook: 2022 year-in-review and early 2023 developments

cepal.bibLevelDocumento Completo
cepal.callNumberLC/WAS/TS.2023/2
cepal.docTypeDocumentos de proyectos e investigación
cepal.jobNumberS2300376_en
cepal.regionalOfficeWashington
cepal.sdg1
cepal.sdg17
cepal.topicEngECONOMIC GROWTH
cepal.topicEngECONOMIC INDICATORS AND PROJECTIONS
cepal.topicEngFINANCIAL AND MONETARY SECTOR
cepal.topicEngINFLATION
cepal.topicEngMACROECONOMICS
cepal.topicSpaCRECIMIENTO ECONÓMICO
cepal.topicSpaINDICADORES ECONÓMICOS Y PROYECCIONES
cepal.topicSpaINFLACIÓN
cepal.topicSpaSECTOR FINANCIERO Y MONETARIO
cepal.topicSpaMACROECONOMÍA
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaSpaDESARROLLO ECONÓMICO
dc.contributor.entityNU. CEPAL
dc.coverage.spatialEngUNITED STATES
dc.coverage.spatialSpaESTADOS UNIDOS
dc.date.accessioned2023-04-28T16:33:12Z
dc.date.available2023-04-28T16:33:12Z
dc.date.issued2023-04-28
dc.description.abstractThe United States economy grew by 2.1% in 2022. Consumer spending was the main driver of growth. The economic outlook improved in the second half of 2022, following two quarters of negative growth, and this momentum has carried over into early 2023. The labour market was strong in 2022 and continued to show strength in early 2023. Inflation rose to 8% in 2022, the highest annual level in four decades, but slowed to 5% in March 2023. The Federal Reserve approved nine interest rate increases between March 2022 and March 2023 to tame inflation. March 2023 saw heightened market stress owing to bank failures that were partly driven by the loss of asset value as interest rates rose from near zero. Unease about the banking system’s stability and a political stalemate over raising the debt limit are adding to an already high level of financial anxiety, as the two economic challenges become intertwined. The United States economic outlook reports are published three times a year and follow the main macroeconomic developments of the United States economy and how they could affect financial conditions in Latin America and the Caribbean.
dc.formatTexto
dc.format.extent43 páginas.
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/WAS/TS.2023/2
dc.identifier.urihttps://hdl.handle.net/11362/48848
dc.language.isoeng
dc.physicalDescription43 p.
dc.publisherECLAC
dc.publisher.placeWashington, D.C.
dc.rights.coarDisponible
dc.subject.unbisEngECONOMIC CONDITIONS
dc.subject.unbisEngECONOMIC GROWTH
dc.subject.unbisEngGROSS DOMESTIC PRODUCT
dc.subject.unbisEngINDUSTRIAL PRODUCTION
dc.subject.unbisEngLABOUR MARKET
dc.subject.unbisEngINFLATION
dc.subject.unbisEngFISCAL POLICY
dc.subject.unbisEngMONETARY POLICY
dc.subject.unbisEngRETAIL TRADE
dc.subject.unbisEngFOREIGN TRADE
dc.subject.unbisEngECONOMIC INDICATORS
dc.subject.unbisSpaCONDICIONES ECONOMICAS
dc.subject.unbisSpaCRECIMIENTO ECONOMICO
dc.subject.unbisSpaPRODUCTO INTERNO BRUTO
dc.subject.unbisSpaPRODUCCION INDUSTRIAL
dc.subject.unbisSpaMERCADO DE TRABAJO
dc.subject.unbisSpaINFLACION
dc.subject.unbisSpaPOLITICA FISCAL
dc.subject.unbisSpaPOLITICA MONETARIA
dc.subject.unbisSpaCOMERCIO MINORISTA
dc.subject.unbisSpaCOMERCIO EXTERIOR
dc.subject.unbisSpaINDICADORES ECONOMICOS
dc.titleUnited States economic outlook: 2022 year-in-review and early 2023 developments
dc.type.coarlibro
dc.usergrouppubweb
dspace.entity.typePublication
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