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FRB (St. Louis): Growth Around The World Is Still Below The Trend; U.S. Faring Better Than Most
FYI: The recovery of the U.S. economy from the 2007-09 recession has been slow but uninterrupted. Unfortunately, the same cannot be said about other regions in the world. Put in the context of international headwinds, the U.S. recovery looks stronger and the projected growth for this year more valuable to overall world growth. As will be seen below, more of the world’s new output will be generated by the U.S. in 2014-2015 than in 2000-2007. Regards, Ted http://www.ritholtz.com/blog/2015/02/growth-around-the-world-is-still-below-the-trend-u-s-faring-better-than-most/print/