United States and Europe Facing Separate Growth Tracks


In its latest Interim Economic Assessment, the Organization for Economic Co-operation and Development(OECD) said that economic growth in the G7 countries is expected to be firmer through the first half of 2012, but the recovery remains fragile and will likely proceed at different speeds in the U.S. and Europe. The Assessment says the G7 economies are projected to grow by 1.9% in both the first and second quarters of 2012, even though a strong variance in outcomes is expected across this group of countries.

Jobless rates

Read the full report: United States and Europe Facing Separate Growth Tracks

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