May 18, 2013
National Trend 3/15/13
Association executives became increasingly pessimistic about the U.S. economy last year, according to the TRENDS Association PULSE Report. This only partly conforms with the economic data: whereas towards the end of last year GDP grew at a much slower rate than projected, monthly unemployment also steadily declined, which is typically a harbinger of growth. The uptick in neutral and pessimistic attitudes may best be explained by a polarizing election cycle. Details: Geoffrey Lyons, glyons@columbiabooks.com.
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