We don’t think that the US will catch the latest economic cold that is currently afflicting Europe and parts of Asia. It’s worth remembering that the US is a fairly closed economy, which means it’s relativity immune to global developments. In any case, current levels of activity in the euro-zone and China are consistent with US exports to those regions continuing to grow by 5%-10% a year.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services