2012-10-18 — bloomberg.com
A recovery in the housing market and a surge in stock prices may also be fueling optimism among consumers, whose spending accounts for about 70 percent of the economy. At the same time, the so-called fiscal cliff -- $607 billion in federal spending cuts and tax increases scheduled to take effect in January unless Congress acts -- is a hurdle for business investment and hiring.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.