International Monetary Fund (IMF), the U.S. economy, the annual assessment report, pointed out that the U.S. economic recovery is still weak, the economic downturn and increased risk of expected U.S. economic growth in the next two years will not exceed 2.3%.
 
The report finds that although the economic rebound in the second half of last year, residents' investment pick up, in some areas house prices stabilize, but U.S. economic growth in the first half of this year fell to about 2 percent, the job market slowdown in the pace of development, and exports in Europe demand drop hampered the overall U.S. economic recovery is still weak.
 
The report predicts that U.S. economic growth this year of 2 percent and 2.3 percent next year. In April of this year, the Fed has forecast U.S. economic growth between 2.4 to 2.9% this year, but by the end of June, the growth rate expected to fall to between 1.9 to 2.4 percent, and down together in 2013 and 2014 economic growth expected, significantly more pessimistic outlook for the U.S. economy.
 
The report also refers to the current U.S. economic downside risks increasing, mainly for two things: First, the growing European debt crisis will affect U.S. exports; Second, the delay between the two parties on tax and budget policy to reach a consensus, once the breakdown of negotiations 2013 U.S. fiscal serious crunch, threatening the on weak economic recovery.
 
The report recommends that the U.S. government should be eliminated as soon as the "financial cliff" (referring to the end of this year's $ 4,000,000,000,000 tax increases and federal spending cuts) automatically bring uncertainty in a timely manner to improve the U.S. debt limit, reasonable to reduce the fiscal deficit, while immediately to develop a comprehensive and credible fiscal consolidation plans.



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