U.S. to Grow More Slowly Over Next Few Years, Tyson Says

By Shamim Adam

Aug. 10 (Bloomberg) -- The U.S. economy will grow more slowly over the next few years compared to the 1990s, said Laura Tyson in a speech in Kuala Lumpur today.

The U.S. must shift towards investment and export growth, said Tyson, a member of the White House’s Economic Recovery Advisory Board. The world has avoided protectionist measures in the crisis, she said, speaking in a personal capacity and not on behalf of the Obama administration.