Editor’s note: There will be no North America Focus for the next two weeks. Publication will resume on January 10. Please refer to the U.S. and Canada chapters of the 2011 Outlook for our thoughts on the region.
Over the past couple of weeks, we have been busy publishing the 2011 Global Economic Outlook and presenting it to our clients. In our previous North America Focus, and in the U.S. 2011 Economic Outlook itself, we have explained in detail the story behind our 2011 GDP growth upgrade (from 2.3% to 2.7%), as well as the upside and downside risks to our forecast.