U.S. Economic Environment.

This publication discusses the outlook for the U.S. economic environment for 2013. It mentions how sequestration or automatic spending cuts by the government will temporarily slow down economic growth. The improvement of manufacturing confidence and the increase in core capital goods orders in the country in January and February 2013 are reported. Risks to economic growth are also outlined, including the U.S. Federal Reserve's open-ended program of asset purchases.