Reed fall econ webcast oct 17, 2013 intro charts_markstein_part 1

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Introductory slides from the Reed Construction Data Oct 17, 2013 webinar: "The 2014 Outlook: Emerging Opportunities for Construction"

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Reed fall econ webcast oct 17, 2013 intro charts_markstein_part 1

  1. 1. A quick look at the economy
  2. 2. Overview of the economy  Economic growth - barely acceptable  Employment growing, but should be faster  Inflation remains moderate  Washington politics creating unneeded uncertainty and disruption for an already struggling economy  Federal Reserve is still waiting for fiscal policy to show up to the party, leaving the punchbowl out  SF housing continues to recover from a low level  MF housing largely recovered, but still room to grow  Lenders slowly loosening lending standards
  3. 3. Risks to the economy
  4. 4. Risks to the economy  The federal budget/shutdown  The federal debt ceiling  Sharp cuts to federal government spending in the near term resulting from an agreement on the budget or debt ceiling  Europe  European government debt default  The euro  Energy (oil) prices

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