Dr. Yandle's Quarterly Economic Update: The 2013 Economy

Where is the U.S. economy headed and why is it operating so slowly? As we approach the end of 2013, the economy, as conventionally measured, operates well below its full employment potential. Prospects for GDP growth are improving, but major uncertainty regarding monetary, fiscal, healthcare, immigration, and regulatory policy places many decision makers on the sidelines.

Where is the U.S. economy headed and why is it operating so slowly? As we approach the end of 2013, the economy, as conventionally measured, operates well below its full employment potential. Prospects for GDP growth are improving, but major uncertainty regarding monetary, fiscal, healthcare, immigration, and regulatory policy places many decision makers on the sidelines.

Read: Dr. Yandle’s Quarterly Economic Update: The 2013 Economy