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Greatest Short-Term Risk to the U.S. Economy

Terrorism remained the major short-term worry for the U.S. economy.  The economists have become much more worried about both energy prices and inflation, but federal deficit fears have dropped off, although the trade gap remains a concern.

Short-Term Risks to the US Economy (Percent of survey panelists responding)
  Survey Month
  Aug 04 Mar 05 Sep 05 Mar 06 Aug 06
Defense/terrorism 40 24 20 26 34
Energy Prices 6 11 30 23 29
Inflation 9 6 5 3 12
Current Account Deficit 5 15 11 13 11
Excessive Household/ corporate debt 5 2 9 7 5
Govt spending/deficit 23 27 13 14 2
Unemployment/employment 6 2 1 1 1

Short term risks