US capital markets by debt and equity issuances continued their growth trend in 2013, with a 5.5% increase to $1.72 trillion from $1.63 trillion in 2012. Economic growth for 2013 is slowly returning to the US, estimated to be approximately 3.0% in a low inflation environtment with improving macroeconomic fundamentals, including employment and housing. Large amounts of investable capital on corporate balance sheets and in the investment community in a continued low interest rate environtment, led to a search for yield in the US which helped fuel the broader equity markets to record highs, and the second highest high-yield bond issuances in US history.
|PwC Russia is a Partner of the XXII Olympic Winter Games and XI Paralympic Winter Games to be held in the city of Sochi in 2014
|PwC Russia is a Partner of the XXVII World Summer Universiade 2013 in Kazan