US economy faces hurdles but upside ahead: Morici

May 01, 2013 | 03:01 PM | Anne Riley

Tags  steel, SMA, Steel Manufacturers Association, manufacturing, Peter Morici, economy, gross domestic product, U.S. economy Anne Riley

WASHINGTON — The U.S. economy continues to face a number of major obstacles, from regulatory overreach to a swelling trade deficit with China, but there also exist numerous "reasons for optimism," according to Peter Morici, a professor at the University of Maryland’s Robert H. Smith School of Business.

"These continue to be very, very difficult times. I don’t have to tell you that; you deal with it every day. We have been through a terrible recession, and you’ve heard that over and over again from this administration and the last," he told attendees at the Steel Manufacturers Association’s annual members’ conference in Washington.....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results