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Above-Trend Growth in the Second Half: Economic Outlook for Aug 27, 2009

Economic Outlook for Aug 27, 2009

Above-Trend Growth in the Second Half

Following an anticipated sharp slowing in the pace of decline in GDP in the second quarter; the qualitative features of our forecast remain unchanged: a resumption of positive, and slightly above-trend growth in the second half of this year; a further increase in the unemployment rate, which then declines only slowly; a resulting substantial decline in inflation; and a near-zero funds rate through late 2011.

Economic Outlook Archives
Economic Outlook for Jul 24, 2009: Sub Par Growth Ahead By Zacks Investment Research Economic Outlook for Jun 30, 2009: A Bottom in GDP Is Forming By Zacks Equity Research Economic Outlook for May 18, 2009: Moderate Growth in Second Half By Zacks Equity Research Economic Outlook for Apr 22, 2009: Few Faint Signs of Life By Zacks Equity Research


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