
From the Chief Economist
![]() Bart van Ark |
GDP Positive Sign, But No Quick Recovery in Sight Also: |
Updated: May 8, 2008
| 2008 | 2009 | 2007 |
2008 |
2009 |
|||||
IQ* |
II Q |
III Q |
IV Q |
IQ |
II Q |
Annual |
Annual |
Annual |
|
Real GDP |
0.6 |
0.4 |
1.4 |
1.5 |
1.2 |
2.7 |
2.2 |
1.4 |
1.8 |
CPI Inflation |
4.5 |
2.9 |
3.0 |
3.5 |
3.6 |
3.8 |
2.9 |
3.8 |
3.5 |
Real Consumer Spending |
1.0 |
1.0 |
1.4 |
1.5 |
1.6 |
2.5 |
2.9 |
1.6 |
1.9 |
Unemployment Rate (%) |
4.9 |
5.2 |
5.3 |
5.3 |
5.4 |
5.4 |
4.6 |
5.2 |
5.4 |
90 Day T-Bills (%) |
2.04 |
1.50 |
1.50 |
1.50 |
1.50 |
1.75 |
4.38 |
1.64 |
1.88 |
10 Yr Treas Bonds (%) |
3.66 |
3.47 |
3.47 |
3.47 |
3.47 |
3.72 |
4.63 |
3.52 |
3.84 |
* Actual data