Some Signs Point to Stronger Economy for 2013, If Washington Does Its Part
Economists see a number of sources of underlying strength in the economy, but for the growth to gain traction, they say, political leaders need to avoid the broad tax increases and spending cuts now being debated. The nascent housing rebound, the natural gas boom, record profit margins, a friendlier credit market for small businesses, along with pent-up demand for autos and other big purchases, could in combination unleash growth and hiring that the economy needs.
Source: December 17 AGC SmartBrief e-newsletter which contained this December 16 article by The New York Times.
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