Home AIA Sounds the Alarm on Economic Downturn Report
 

Keywords :   


AIA Sounds the Alarm on Economic Downturn Report

2013-01-30 06:00:00| Industrial Newsroom - All News for Today

According to Marion C. Blakey, President and CEO of AIA, contraction of the U.S. economy in the fourth quarter underscores AIA's warning for the past 18 months that severe across the board budget cuts—both to defense and non-defense discretionary spending—threaten to throw the economy into a tailspin. In less than 30 days, unless Congress and the White House act, sequestration will kick in, leading to higher unemployment, reduced tax revenue, and lower consumer spending. This story is related to the following:Trade Associations

Tags: report economic sounds alarm

Category:Industrial Goods and Services

Latest from this category

All news

19.11POWTEX2024 The 25th International Powder Technology Exhibition Tokyo
Industrial Goods and Services »
23.11Idées de CADRES No.83
23.11 12BOX PREMIUMpack 25th
23.11V2box
23.11
23.11 &
23.11DVD('97/)E11387
23.117
23.11
More »