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OECD Economic Surveys: United States 2012

image of OECD Economic Surveys: United States 2012

OECD's 2012 survey of the US economy examines recent economic developments, policies and prospects and takes a more detailed look at labour market policies and strengthening innovation.

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Key recommendations

Monetary policy should continue to support the recovery. Current legislation should be amended to avoid a sharp fiscal contraction in 2013, which would derail the recovery. Rather, fiscal consolidation should occur at a gradual pace, and should be implemented as part of a commitment to a medium-term framework to restore fiscal sustainability.

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