Duncan Speaks on Global Economy

摘要

In a November 2004 talk to The Greater Philadelphia Senior Executive Group(GPSEG),SPI president Don Duncan predicted worldwide economic growth will be up 4% in 2004,marking the best full-year performance in four years.North America and Asia are leading the way,according to Duncan,who attributed growth patterns in the U.S.economy to such factors as soaring home sales,increases in defense spending,and growth in consumer spending,most of which have resulted from tax cuts,low interest rates,and growth in jobs.