U.S. Economic Outlook: 2019 in review and early 2020 developments

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cepal.bibLevelDocumento Completo
cepal.callNumberLC/WAS/TS.2020/3
cepal.docTypeDocumentos de proyectos e investigación
cepal.jobNumberS2000281_en
cepal.regionalOfficeWashington
cepal.topicEngECONOMIC INDICATORS AND PROJECTIONS
cepal.topicEngFINANCIAL AND MONETARY SECTOR
cepal.topicEngMACROECONOMICS
cepal.topicSpaINDICADORES ECONÓMICOS Y PROYECCIONES
cepal.topicSpaMACROECONOMÍA
cepal.topicSpaSECTOR FINANCIERO Y MONETARIO
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaSpaDESARROLLO ECONÓMICO
dc.contributor.entityNU. CEPAL. Oficina de Washington
dc.coverage.spatialEngUNITED STATES
dc.coverage.spatialSpaESTADOS UNIDOS
dc.date.accessioned2020-04-17T18:32:28Z
dc.date.available2020-04-17T18:32:28Z
dc.date.issued2020-04-17
dc.description.abstractHighlights • The record long U.S. economic expansion is coming to an end, as a result of the COVID-19 pandemic. Shutdowns to stem the spread of the virus have already had an impact on the economy, and are already visible in some preliminary data for March, ranging from jobless claims to factory output. The U.S. government will release its initial estimate for the first quarter of 2020 at the end of April, and a decline in growth is expected, followed by an even worse decline in the second quarter. • Three stimulus packages were approved by the U.S. Congress in March, aiming to address the impact of the COVID-19 pandemic on households and businesses. The Federal Reserve has cut interest rates to the zero-lower bound, offered unlimited quantitative easing, and deployed old tools (used in the 2008 financial crisis) and new, aimed at keeping financial markets functioning. • A U.S. recession in the first half of the year is now the baseline forecast according to market projections. The outlook remains highly uncertain and constantly changing, as new estimates of the impact of the pandemic are made and government actions further restricts the population’s mobility and economic activity.
dc.formatTexto
dc.format.extent34 páginas.
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/WAS/TS.2020/3
dc.identifier.urihttps://hdl.handle.net/11362/45420
dc.language.isoeng
dc.physicalDescription34 p.
dc.publisherECLAC
dc.publisher.placeWashington, D.C.
dc.rights.coarDisponible
dc.subject.unbisEngECONOMIC CONDITIONS
dc.subject.unbisEngECONOMIC INDICATORS
dc.subject.unbisEngINDUSTRY
dc.subject.unbisEngEMPLOYMENT
dc.subject.unbisEngMONETARY POLICY
dc.subject.unbisEngFISCAL POLICY
dc.subject.unbisEngINFLATION
dc.subject.unbisEngFOREIGN TRADE
dc.subject.unbisEngVIRUSES
dc.subject.unbisEngPANDEMICS
dc.subject.unbisEngECONOMIC TRENDS
dc.subject.unbisEngCOVID-19
dc.subject.unbisSpaCONDICIONES ECONOMICAS
dc.subject.unbisSpaINDICADORES ECONOMICOS
dc.subject.unbisSpaINDUSTRIA
dc.subject.unbisSpaEMPLEO
dc.subject.unbisSpaPOLITICA MONETARIA
dc.subject.unbisSpaPOLITICA FISCAL
dc.subject.unbisSpaINFLACION
dc.subject.unbisSpaCOMERCIO EXTERIOR
dc.subject.unbisSpaVIRUS
dc.subject.unbisSpaPANDEMIAS
dc.subject.unbisSpaTENDENCIAS ECONOMICAS
dc.subject.unbisSpaCOVID-19
dc.titleU.S. Economic Outlook: 2019 in review and early 2020 developments
dc.type.coarlibro
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Oficina de la CEPAL en Washington (Estudios e Investigaciones)